9 July 2016 Market Review

The world’s major markets had mixed trading this week.

The FTSE closed at 6590.6 to be up 0.19%% for the week.  The Dax was down 1.5% for the week by ending at 9629.7.  The CAC closed the week at 4190.7 to be down 2%.

The Dow closed the week at 18147 to be up 1.1%.  The Nasdaq Composite Index closed the week at 4956.8, to be up 1.9%.

The Nikkei 225 ended the week at 15107 to be down 3.7%.

The Yen enjoyed the best week of trading among the major currencies.  The Dollar gained against the Sterling 2.5% for the week by closing at $1.2952.  The Dollar gained ground against the Euro with a close of $1.1049 to be up 0.81%.  The Dollar lost against the Yen 1.9% for the week by ending up at 100.7.

The Euro was weaker versus the Yen 2.7% for the week by closing at 111.2.  The Euro rose against the Sterling 4.3% by closing at 1.1720.  The Euro gained on the CHF slightly 0.09% for the week by ending at 1.0850.

Brent crude fell 3.2% this week to end at $48.76 per barrel.  Gold was slightly up by closing at $1356.6 per ounce to be up 0.94%.