14 Oct 2013
Markets extend gains on possible deal
FXstreet.com (Edinburgh) -Equities in the US reverted initial losses to extend its bullish momentum, bolstered by the increasing optimism surrounding a budget deal in order to re-open the shutdown and rise the debt ceiling before the deadline on Thursday. After bottoming around 80.10/15, the US Dollar index has managed to gather steam and recover the positive ground in the boundaries of 80.30. As of writing, DowJones is up 0.16%, followed by the S&P500, 0.14% and the Nasdaq, 0.32%.
Bourses in the Old Continent closed with gains amidst the lack of progress from the US fiscal stand-off and second-tier docket in the euro area. The FTSE100 was the best performer, up 0.32% and followed by the IBEX35, 28% and the CAC40, 0.07%. The single currency keeps the 1.3570/75 region after climbing as high as the boundaries of 1.3600 the figure.
In the commodities’ space, the ounce troy of gold is up 0.76% at $1,278 and the barrel of WTI is up 0.12% at $102.15.
Bourses in the Old Continent closed with gains amidst the lack of progress from the US fiscal stand-off and second-tier docket in the euro area. The FTSE100 was the best performer, up 0.32% and followed by the IBEX35, 28% and the CAC40, 0.07%. The single currency keeps the 1.3570/75 region after climbing as high as the boundaries of 1.3600 the figure.
In the commodities’ space, the ounce troy of gold is up 0.76% at $1,278 and the barrel of WTI is up 0.12% at $102.15.