20 August 2016 Market Review

The major market were almost all negative for the week with the exception of the FTSE and the Nasdaq.

The FTSE closed at 6859 to be up 4.7% for the week.  The Dax was down 1.6% for the week by ending at 10544.  The CAC closed the week at 4400.5 to be down 2.2%.

The Dow closed the week at 18553 to be down 0.12%.  The Nasdaq Composite Index closed the week at 5238.4, to be up 0.11%.

The Nikkei 225 ended the week at 16546 to be down 2.2%.

The Euro again enjoyed the best week of trading among the major currencies.  The Dollar slid against the Sterling 1% for the week by closing at $1.3060.  The Dollar lost ground against the Euro with a close of $1.1327 to be down 1.4%.  The Dollar fell against the Yen 0.79% for the week by ending up at 100.2.

The Euro was stronger versus the Yen 0.6% for the week by closing at 113.5.  The Euro rose against the Sterling 0.39% by closing at 1.1530.  The Euro fell against the CHF slightly 0.11% for the week by ending at 1.0868.

Brent crude rose 3.4% this week to end at $48.57 per barrel.  Gold was down by closing at $1339.9 per ounce to be down 0.91%.