23 July 2016 Market Review

The chaos that Brexit caused initially, seems to have now calmed the markets for now.

The FTSE closed at 6730.5 to be up 0.92%% for the week.  The Dax was up 0.79% for the week by ending at 10147.  The CAC closed the week at 4381.1 to be up 0.2%.

The Dow closed the week at 18571 to be up 0.29%.  The Nasdaq Composite Index closed the week at 5100.2, to be up 1.4%.

The Nikkei 225 ended the week at 16627 to be up 0.78%.

The Dollar enjoyed the best week of trading among the major currencies.  The Dollar gained against the Sterling 0.78% for the week by closing at $1.3090.  The Dollar gained ground against the Euro with a close of $1.0973 to be up 0.56%.  The Dollar rose against the Yen 1.4% for the week by ending up at 106.2.

The Euro was stronger versus the Yen 0.76% for the week by closing at 116.55.  The Euro rose against the Sterling 0.22% by closing at 1.1929.  The Euro gained on the CHF slightly 0.06% for the week by ending at 1.0848.

Brent crude fell 4% this week to end at $45.69 per barrel.  Gold was slightly up by closing at $1322.2 per ounce to be down 0.38%.