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Four Leaders Made Markets Rise

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Yesterday world financial markets closed on the rise due to a peace deal reached by the leaders of Russia, Ukraine, France and Germany in Minsk. The four heads of state agreed on a ceasefire in the east of Ukraine starting form 15 February.

In this light, in Europe the British FTSE 100 grew 0.15 percent up to 6,828.11 points, and the German DAX advanced 1.56 percent finishing the trading session at 10,919.56 points.

In Russia, the MICEX index grew 2.22 percent up to 1,802.80 points while the RTS index shot up by 3.56 percent and closed at 861.93 points.

In the United States, the Dow Jones added 0.62 percent reaching 17,972.38 points, the S&P 500 grew 0.96 percent to 2,088.48 points, and the NASDAQ advanced 1.18 percent up to 4,857.61 points.

The NYMEX cost of WTI oil for March rose by $2.37 and made $51.21 a barrel. On London’s ICE, the price of the Brent oil future for March went up by $2.46 and reached $57.12 a barrel.

On the Forex market, EURUSD is also going up in response to the news about the peace agreement for Ukraine. The pair’s target may once again be 1.1550.

Anna Gorenkova
NordFX Analyst

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