9 May 2014
Markets advance. Dollar in weekly highs.
FXStreet (Edinburgh) - Equities in the US markets are reverting a negative start, with the Dow and S&P500 trading off intraday record highs.
At the moment, the DowJones is advancing 0.17% seconded by the S&P500 and the Nasdaq, up 0.09% and 0.27%, respectively. The greenback, gauged by the DXY, extends its recovery for the third consecutive session, hovering over intraday tops near 79.90.
In Euroland, the main indices closed in a ‘sea of red’ following disappointing earnings reports from the corporate sector, coming down from peaks post-ECB meeting on Thursday. The IBEX35 retreated 0.98% followed by the CAC40, 0.66% and the FTSE100, 0.36%. The EUR/USD is extending its negative mood after yesterday’s 2014 highs near 1.4000, dropping to 1-month lows in mid-1.3700s.
In the commodities’ universe, the ounce troy of gold is trading almost unchanged around $1,290 while the barrel of WTI is posting marginal losses just above the $100.00 mark.
At the moment, the DowJones is advancing 0.17% seconded by the S&P500 and the Nasdaq, up 0.09% and 0.27%, respectively. The greenback, gauged by the DXY, extends its recovery for the third consecutive session, hovering over intraday tops near 79.90.
In Euroland, the main indices closed in a ‘sea of red’ following disappointing earnings reports from the corporate sector, coming down from peaks post-ECB meeting on Thursday. The IBEX35 retreated 0.98% followed by the CAC40, 0.66% and the FTSE100, 0.36%. The EUR/USD is extending its negative mood after yesterday’s 2014 highs near 1.4000, dropping to 1-month lows in mid-1.3700s.
In the commodities’ universe, the ounce troy of gold is trading almost unchanged around $1,290 while the barrel of WTI is posting marginal losses just above the $100.00 mark.