24 September 2016 Market Review

The major markets that had a positive week last week.

The FTSE closed at 6909.4 to be up 3% for the week. The Dax was up 3.4% this week with a close of 10627. The CAC closed the week at 4488.7 to rise 3.6%.

The Dow ended the week at 18261 to be up 0.76% for the week. The Nasdaq Composite Index ended the week at 5305.8 to be up 1.2%.

The Nikkei 225 closed the week at 16754 to be up 1.4%.

The best performing major currency was the Yen again this week. The Dollar gained against the Sterling 0.98% for the week with a close of $1.2958. The Dollar lost ground to the Euro with a close of $1.1223 to be down 0.58%. The Dollar also fell against the Yen 1.3% for the week by closing at 101.1.

The Euro fell versus the Yen 0.71% for the week by closing at 113.4. The Euro gained against the Sterling with a close of 1.1546 to be up 1.6%. The Euro lost ground against CHF 0.4% for the week by closing at 1.0889.

Brent Crude rose 0.26% for the week by ending at $45.89 per barrel. Gold gained 2.1% for the week with a close of $1340.4 per ounce.