Financial markets ended up for the week in Wall Street. Dow Jones index was up 1,74 % to 25883 points, S&P 500 -index 1,09 % to 2775 points and Nasdaq-index 0,61 % to 7472 points.
For the Friday trading, the positive outlook for the US-China trade talks help lifted the markets as well as the good US consumer outlook. On the other hand, the national emergency regarding the financing of the border wall between US-Mexico did not have any bigger impact.
In Europe the Brexit-discussion continued and according to Bloomberg News, the Irish Foreign Minister Simon Coveney had said that the EU will offer a package to help the UK PM Theresa May to get the deal but would not accept “unreasonable British demands”. In the industry, the car manufacturer Porsche (PAH3) said that it is possible that a hard Brexit might lift the UK car prices by 10 %. The Brexit talks will continue next week.
In London, the FTSE index was up 0,55 % to 7236 points and in Germany the DAX-index was up 1,99% to 11299 points and in France ended up 1,79 % to 5153 points. During one month, the Dax has gained 3,75 % , CAC 5,69 % and FTSE 3,85%.
In Asia, the Nikkei-index was down 1,13 % to 20900 points and in HongKong the HangSeng index was also down 1,87% to 27900 points.
In the forex markets, the euro was trading quite flat at 1,129 dollars, but the UK sterling was up 0,67% to 1,288 dollars.
The Stock Exchanges will be closed on Monday in the US due to the President´s Day.