30 January 2016 Market Review

30 January 2016 Market Review

All of the major markets gained last week, but weren’t able to gain enough ground to be positive for the month.

The FTSE closed at 6083.8 to be up 3.1% for the week, but it was down 2.5% over the month. The Dax closed at 9798.1 to be up 0.34% for the week, but it was down 8.8% for January. The CAC closed at 4417 to be up 1.9% for the week, but was down 4.8% for the month.

The Dow closed at 16466 to be up 2.3% for the week, but lost 5.5% for the month. The Nasdaq had a barely […] Read more

23 January Market Review

23 January Market Review

23 January 2016

With the Chinese GDP showing better numbers than previously thought and the rise in oil prices, the major markets of the world finally enjoyed some gains.

The FTSE closed at 5900 for a gain of 1.7%, the Dax closed at 9764.9 for a gain of 2.3%, and the CAC closed at 4336.7 to gain 3% on the week.

The Dow closed at 16094 to gain 0.66%. The Nasdaq closed at 4591.2 to gain 2.3 for the week.

The Nikkei 225 was down for the week to close at 16959 and down 1.1%.

The Sterling had the best run of the currency market […] Read more

16 January Market Review

16 January 2016

Continuing the pattern of turmoil over the Chinese markets and losing oil prices, the world’s major markets lost again this week.

The FTSE was down 5.3% on the week to close at 5804.1; the Dax was down 3.1% on the week to close at 9545.3; and the CAC was down 2.9% on the week to close at 4210.2.

The Dow was down 2.2% for the week to close at 15988. The Nasdaq was also down 3.3% for the week to close at 4488.4.

The Nikkei 225 ended the week at 17147 to close down 3.1%.

The Yen again had the best week […] Read more

9 January Market Review

9 January 2016

With the loss of confidence in the Chinese markets as well as the devaluation of the Yuan, the world’s major markets took a significant loss.

Europe had losses across the board with the FTSE down 5.3% to close at 5912.4, the Dax down 8.3% to close at 9849.3, and the CAC down 6.5% to close at 4333.8.

The Dow closed at 16346 to end the week down 6.2%. The Nasdaq closed at 4643.6 to end the week down 7.3%.

The Nikkei 225 was also down 7% on the week to close at 17698.

The Yen had the best week of trading in […] Read more

2 January Market Review

2 January Market Review

2 January 2016

Europe was mixed for the week, but had definite gains for the 2015 year. The FTSE was down 0.2% for the week but gained 4.7% for the year, to close at 6242.3; the Dax was up 0.14% for the week and up huge at 13% for the year, to close at 10743; the CAC ended down 0.56% for the week but had a solid year of gains for 9.1% to close at 4637.1.

The Down had both a down week and year with a -0.72% for the week and -2.3% for the year respectively to close at 17425. The […] Read more