The last days of 2017 brought small declines in the most important global stock markets. During the whole week, the NASDAQ went down by 0.8%, the S&P500 decreased by 0.4% and the DJI declined by 0.1%. In Europe, the German DAX fell by 1.2% and the French CAC40 deteriorated by 1%. Unlike to them, the British FTSE250 grew by 1.2%. After all, it should be reiterated that the last year was very successful for investors – a bull-market brought new historical peaks on Wall Street and many European stock market indices. There were not a lot of market emotions last week - the economic calendar was not rich. However, it is worth paying attention to the macroeconomic data from the US.

Weekly comment MM Prime TFI  - December 27, 2017

Weekly comment MM Prime TFI  - December 18, 2017

Last week, the global stock market sentiment was bullish. During the last five trading days, the German DAX increased by 2.3%, the French CAC40 grew by 1.6% and the British FTSE250 soared by 0.7%. In the US, the DJI and the S&P500 rose by 0.4%, whereas the NASDAQ fell by 0.1%. The publication of the payrolls deserved the event of the past week name. The data from the American labor market was really solid – the unemployment rate remained at 4.1%, while the non-farm payrolls amounted to 221K vs 200K projected. Nevertheless, it was not a significant bullish incentive for the investors, because the labor market in the US has been in an excellent condition for a long time.

Tygodniowy komentarz MM Prime TFI S.A. - 4 grudnia 2017 r.