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pcm-brokers--weekly

Weekly Outlook Ending on 12th September 2014

Summary of the week:

It was a bad week for both the U.S. and European stocks as both ended the week in red. Starting with the U.S. stocks, Dow fell around 149 points and lost 0.87% for this week. Nasdaq Composite fell 0.33% and 15 points. S&P 500 fell 22 points, and registered a 1.08% fall for the week.

UK’s FTSE 100 closed with a 0.70% fall, and 48 points down on the weekly basis. German DAX 30 fell 0.99% and lost 96 points for the week. French CAC 40 fell 0.99% and lost 44 points.

In commodities Gold declined $38 and fell 3.02% for the week while Crude Oil shed $1.14 and registered a 1.22% weekly loss.

It was a mixed week for Currencies. Euro gained 0.37% over the week while Yen lost 2.16%. Pound lost 0.16% and Ice dollar index made a 0.48% gain against six major rivals this week.

Note: Here all the currencies are measured in percentage against the U.S. dollar.

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Uploaded on September 14, 2014
Taken on September 14, 2014