24 Sep 2013
Markets revert losses on mixed US data
FXstreet.com (Edinburgh) -US shares reverted the negative start on Tuesday, after mixed bag of results from consumer confidence and housing sector. The US Dollar index, which tracks the greenback against its major competitors, is edging higher, retaking the mid 80.00s area and extending its bounce off post-Fed lows. At the moment, DowJones is up 0.16%, followed by the S&P500, 0.27% and the Nasdaq, 0.59%.
Bourses in Euroland nudged higher on better German IFO series, although mixed US data dragged the main indices from intraday peaks. The IBEX35 was the top performer, up 0.64%, seconded by the CAC40, 0.56% and the DAX, 0.34%. Quite erratic day for the EUR, climbing to 1.3520 after breaking overnight’s consolidation pattern, just to fall afterwards to lows near 1.3460 and currently meandering around 1.3485/90.
In the commodities’ sphere, the both the barrel of WTI and the ounce troy of gold are giving ground, down 0.87% at $102.72 and 0.41% at $1, 322, respectively.
Bourses in Euroland nudged higher on better German IFO series, although mixed US data dragged the main indices from intraday peaks. The IBEX35 was the top performer, up 0.64%, seconded by the CAC40, 0.56% and the DAX, 0.34%. Quite erratic day for the EUR, climbing to 1.3520 after breaking overnight’s consolidation pattern, just to fall afterwards to lows near 1.3460 and currently meandering around 1.3485/90.
In the commodities’ sphere, the both the barrel of WTI and the ounce troy of gold are giving ground, down 0.87% at $102.72 and 0.41% at $1, 322, respectively.