2014/01/06

First trading day of a new year have not been really positive

Investors are just starting to return back from the holidays and the volumes on the markets are gradually increasing. First trading day in a new year have not been so positive as the last trading days of the 2013.

As a result, Dow Jones industrial average lost 0,82%% and reached level of 16441,35 points, S&P 500 decreased for 0,89%% up to the level of 1831,98 points and Nasdaq Composite weakened for 0,80%% reaching level of 4143.07 points.

Situation in the commodities market is quite different. Oil prices lost a bit in value and are traded this morning with Brent adding 0,02%% and WTI loosing 0,17%%, reaching prices of 107,63$ and 95,43$ accordingly.

Prices of precious metals in comparison are adding in value, gold is up for 0,67%% traded on a level of 1233,42$ per troy ounce. Silver managed to overcome level of 20,00$ per troy ounce, this morning bargaining next to the level of 20,13$ per troy ounce.

Participants of the market started again to be interested with an American dollar, due to the fact that the American economy is showing steady growth. ISM index in the manufacturing sphere decreased in December up to 57 points from 57,3, analytics were predicting even more steep fall.  This data and the profit fixing factor helped dollar to strengthen its positions and pushed EUR/USD to the area of 1,3670, GBP/USD to 1,6440.

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