Week ended 25 July 2009 – Markets, Commodities and currencies

Posted by admin on 26 July, 2009 under Weekly business news summary | 6 Comments to Read

Oil markets have continued to push the price of oil up this week by a further 7.3% to close at just over $68 a barrel for crude – last week this rose by 6.2%.

It has been a good week for the stock markets with all world indices rising on the week, with the best performer being the China Hang Seng index, which rose by 6.3% on the week.

End of the week saw:

  Last week This week Change
Stock exchanges:      
FTSE 100: 4,388.75 GBX 4,576.61 GBX UP 4.3%
FTSE 250: 7,580.66 GBP 7,938.44 GBP UP 4.7%
UK All Share: 23,543.11 ZAX 23,943.98 ZAX UP 1.7%
US DOW: 8,743.94USD 9,093.24 USD UP 4.0%
US S&P 500: 940.38 USD 979.26 USD UP 4.1%
US NASDAQ: 1,886.61 USD 1,965.96 USD UP 4.2%
Japan Nikkei: 9,395.32 JPY 9,944.55 JPY UP 5.8%
China H Seng: 18,805.66 HKD 19,982.79 HKD UP 6.3%
Australian ASX 200: 4,000.80 AUD 4,089.80 AUD UP 2.2%
German DAX: 4,978.40 EUR 5,229.36 EUR UP 5.0%
French CAC 40: 3,218.46 EUR 3,366.45 EUR UP 4.6%
Spanish Ibex 35: 10,041.90 EUR 10,438.60 EUR UP 4.0%
Currencies:      
UK Sterling £ to US Dollar $ 1.63434 1.64567 UP 0.7%
UK Sterling £ to Euro € 1.15916 1.15755 DOWN 0.1%
UK Sterling £ to Japanese Yen 154.209 156.125 UP 1.2%
UK Sterling £ to Aus $ 2.03835 2.01111 DOWN 1.3%
US Dollar $ to Euro € 0.709186 0.703304 DOWN 0.8%
US Dollar $ to Japanese Yen 94.3550 94.8698 UP 0.5%
US Dollar $ to Aus $ 1.24634 1.22184 DOWN 2.0%
Commodities:      
Nymex Crude oil $63.41 $68.05 UP 7.3%
Gold $937.70 $953.10 UP 1.6%
 
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  • Gary Liu said,

    Dear Sirs,
    I am a businessman & investor in China.
    1.I am planning to invest in an European country like Portugal.
    I have various advanced machines & technology of low prices but high quality.I am looking for a potetial partner & profitable project.
    2.I have a profitable YOUTH HOSYEL project in my hometown Xi An,China.This is one of the biggest cities in China with a population of 8 million & one of the most famous tourist cities in China with a long history of 5,000 years,In fact,Xi An was capital of China in the ancient time.Now more than 20 million tourists visit this city every year.I am looking for a potential partner to invest a YOUTH HOSTEL here with me.
    Please contact me through email: garyliu308@yahoo.com.cn
    28 July.2009

  • Red Fox said,

    Appalled by previous comment! We’ve got enough investors in Europe! Try to invest in one of your companies back in China, make some good products for a change!

  • carlcaroll said,

    The question is if the improvements in the markets are due to Obama’s big policies (such as TARP, health care,etc.) or because markets are reacting to the feeling that many of his policies will not be approved by congress

  • filgud said,

    These are very useful info for beginners like me,and this article will help me to start! Good job. I wish you good luck. ;)
    .-= filgud´s last blog ..Learn How to Obtain a Loan With No Credit Check =-.

  • Miami Wedding Photographer said,

    Hello mate. Are you into forex trading? There’s one thing in my mind I really need to ask. How much are you earning doing the forex trading? I need your enlightenment. Thank you.

  • admin said,

    Hi Miami – no I’m not into forex trading myself, so anyone else reading this blog that is please by all means answer this question, cheers and thank you for commenting.

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