Week ended 11 July 2009 – Markets, Commodities and currencies

Posted by admin on 12 July, 2009 under Weekly business news summary | 7 Comments to Read

A fall on the world stock markets across the board happened this week and one that stands out above the rest is the French CAC40 which dropped by 14% this week – this could lead to a number of take-over bids from overseas, subject to the usual French preventative rules.

The crude oil price fell this week by a futher 9% have lost 5.5% last week to close at under $60 per barrel again. Gold has also continued to fall this week closing at a new low of $913.
End of the week saw:

  Last week This week Change
Stock exchanges:      
FTSE 100: 4,236.28 GBX 4,127.17 GBX DOWN 2.6%
FTSE 250: 7,376.98 GBP 7,184.43 GBP DOWN 1.3%
UK All Share: 22,334.35 ZAX 22,313.41 ZAX DOWN 0.1%
US DOW: 8,280.74 USD 8,146.52 USD DOWN 1.6%
US S&P 500: 896.42 USD 879.13 USD DOWN 1.9%
US NASDAQ: 1,796.52 USD 1,756.03 USD DOWN 2.2%
Japan Nikkei: 9,816.07 JPY 9,287.28 JPY DOWN 5.4%
China H Seng: 18,203.40 HKD 17,708.42 HKD DOWN 2.7%
Australian ASX 200: 3,828.20 AUD 3,794.10 AUD DOWN 0.9%
German DAX: 4,708.21 EUR 4,576.31 EUR DOWN 2.8%
French CAC 40: 3,119.51 EUR 2,683.10 EUR DOWN 14.0%
Spanish Ibex 35: 9,707.80 EUR 9,344.90 EUR DOWN 3.7%
Currencies:      
UK Sterling £ to US Dollar $ 1.63228 1.62062 DOWN 0.7%
UK Sterling £ to Euro € 1.16868 1.16296 DOWN 0.5%
UK Sterling £ to Japanese Yen 156.951 149.956 DOWN 4.5%
UK Sterling £ to Aus $ 2.05107 2.07372 UP 1.1%
US Dollar $ to Euro € 0.715955 0.71760 UP 7.9%
US Dollar $ to Japanese Yen 96.1540 92.5300 DOWN 3.8%
US Dollar $ to Aus $ 1.25660 1.27959 UP 1.8%
Commodities:      
Nymex Crude oil $65.63 $59.73 DOWN 9.0%
Gold $932.50 $913.00 DOWN 2.1%
 
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  • sončni kolektorji said,

    Hope it is “it will get worse before it gets better” and not “it will only get worse” scenario going on.

  • Brian said,

    Everything I am interested in appears to be going South, what a drag.
    .-= Brian´s last blog ..Business Blogging =-.

  • Reverse Mortgage Services said,

    Hi,

    Its all down, the things are same with me Brain.

    - J.

  • lukisan abstrak said,

    IT’S VERY NICE,..
    but could you tell to me about the next or prediction price?
    because it’s so valuable for forex trading
    thank you

  • almir said,

    Good work but keep in mind that there are always great opportunities in up or down markets!
    .-= almir´s last blog ..Forex News =-.

  • Alex Fxtrader said,

    The international foreign exchange market, where money is sold and bought freely, is probably the most perfect market on earth for trading. Why? Because only the participants of the market determine the price of one currency. Period. Supply and demand, baby.

    There is freedom from any external control (it’s too big) and free competition rules (everyone wants to be in it).

  • Bob Raven said,

    I remember that week, it was nasty.

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