Week ended 4 April 2009 – Markets, Commodities and currencies

Posted by admin on 5 April, 2009 under Weekly business news summary | Be the First to Comment

Sterling saw a bit o f a recovery this week against a few currencies and in particular by over 4% against the US Dollar and just under 6% against the Japanese Yen.

Gold has dropped below $900 this week having dropped by 2.8% on the week, which offers encouragement for world economies when gold prices drop.

End of the week saw:
Stock exchanges:
FTSE 100: 4,030
DOW: 8,018
S&P: 842.50
Nikkei: 8,750

Currencies
UK Sterling £ to US Dollar $ 1.48549
UK Sterling £ to Euro € 1.09911
UK Sterling £ to Japanese Yen 148.935
UK Sterling £ to Aus $ 2.07451
US Dollar $ to Euro € 0.739870
US Dollar $ to Japanese Yen 100.319
US Dollar $ to Aus $ 1.39713

Commodities
Nymex Crude oil – $52.51
Gold – $897.30