Week ended 28 March 2009 – Markets, Commodities and currencies

Posted by admin on 29 March, 2009 under Weekly business news summary | Be the First to Comment

The was a mis-match of markets this week between the UK and the other leading economies with the Dow Jones moving ahead by  6.9% and the Japanese Nikkei by 8.6% and yet the FTSE 100 only gained 1.5%.

Turning to commodities gold saw a drop of 3.2% this week falling to $923.20 per ounce whereas oil remained relatively unchanged on the week. Also, the currency markets did not move a great deal in this week.

End of the week saw:
Stock exchanges:
FTSE 100: 3,899
DOW: 7,778
S&P: 815.94
Nikkei: 8,627

Currencies
UK Sterling £ to US Dollar $ 1.42670
UK Sterling £ to Euro € 1.07684
UK Sterling £ to Japanese Yen 140.515
UK Sterling £ to Aus $ 2.06798
US Dollar $ to Euro € 0.754900
US Dollar $ to Japanese Yen 98.0334
US Dollar $ to Aus $ 1.44924

Commodities
Nymex Crude oil – $52.38
Gold – $923.20