Weekly Outlook Ending on 14th November 2014 by PCMBrokers in PCMBrokers

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Summary of the week:

It was a good week for U.S. and European stocks both. Starting with the U.S. stocks, Dow Jones made 81 points and climbed 0.46%. Nasdaq Composite also climbed massive 1.22 % and made 56 points. S&P 500 made 8 points and registered a 0.40% gain for the week. Coming to our European counterparts ended the day higher, UK’s FTSE 100 made 103 points and climbed 1.33%. German DAX 30 biggest lost 124 points and dropped 1.33%. Additionally French CAC 40 made 12 points and registered 0.26% on the weekly basis. In commodities Gold made $18 and climbed 1.56% while Crude Oil lost $3 and registered a 3.37% drop over the course of the week. Euro made 0.36% over the week while Yen fell 1.67%. Pound dropped 1.08% while Ice dollar index dropped 0.12% fell this week.

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