Week ended 13 June 2009 – Markets, Commodities and currencies

Posted by admin on 14 June, 2009 under Weekly business news summary | Be the First to Comment

This week has seen the continued rise in the oil price per barrel finishing the week at $72.04 per barrel a rise of another 5.4% over the 3% rise last week!

With talk about economies coming out of recession this week and now the rise in interest rates on peoples tongues Gold has continued to fall back again this week by a further 1.7%.

Global stock markets have not changed much in the week with some European markets dropping back slightly. The Japanese Nikkei was the biggest riser in the week climbing 3.7% with the Australian ASX being the next biggest winner closing up by 2.3%.
End of the week saw:

	Last week	This week	Change
Stock exchanges:
FTSE 100:	4,438.56 GBX	4,441.95 GBX	UP 0.08%
FTSE 250:	7,747.33 GBP	7,691.36 GBP	UP 0.7%
UK All Share:	23,166.38 ZAX	22,915.06 ZAX	DOWN 1.0%
US DOW:	8,763.13 USD	8,799.26 USD	UP 0.4%
US S&P 500:	940.09 USD	946.21 USD	UP 0.7%
US NASDAQ:	1,849.42 USD	1,858.80 USD	UP 0.5%
Japan Nikkei:	9,768.01 JPY	10,135.82 JPY	UP 3.7%
China H Seng:	18,679.53 HKD	18,889.68 HKD	UP 1.1%
Australian ASX 200:	3,971.20 AUD	4,062.20 AUD	UP 2.3%
German DAX:	5,077.03 EUR	5,069.24 EUR	DOWN 0.2%
French CAC 40:	3,339.05 EUR	3,326.14 EUR	DOWN 0.4%
Spanish Ibex 35:	9,519.00 EUR	9,714.40 EUR	UP 2.0%
Currencies:
UK Sterling £ to US Dollar $	1.59783	1.64487	DOWN 2.9%
UK Sterling £ to Euro €	1.14380	1.17373	DOWN 2.6%
UK Sterling £ to Japanese Yen	157.642	161.742	UP 2.6%
UK Sterling £ to Aus $	2.01438	2.02281	UP 0.4%
US Dollar $ to Euro €	0.715850	0.713500	DOWN 0.3%
US Dollar $ to Japanese Yen	98.6600	98.3399	DOWN 0.3%
US Dollar $ to Aus $	1.26070	1.22979	DOWN 2.4%
Commodities:
Nymex Crude oil	$68.35	$72.04	UP 5.4%
Gold	$956.70	$940.70	DOWN 1.7 %