13 May 2014
Markets mixed, USD extends gains
FXStreet (Edinburgh) -Equities in the US markets are trading in a mixed tone despite the less auspicious results from April’s retail sales.
Both the DowJones and the S&P500 are printing fresh intraday record highs advancing 0.14% and 0.06%, respectively. The Nasdaq is following the opposite direction, losing 0.21% so far. The DXY, which tracks the greenback vs. its major competitors, is advancing for the fifth consecutive session, surpassing the psychological 80.00 handle and trading in multi-week tops around 80.20.
Bourses in the Old Continent closed with gains following the ECB’s easing promise, with the DAX gaining 0.54%, followed by the FTSE100, 0.31% and the CAC40, 0.25%. The offered tone is growing bigger around the single currency, pushing the EUR/USD to test fresh multi-week lows in the 1.3700/1.3690 band following disappointing ZEW and dovish appreciations from the Bundesbank.
In the commodities’ universe, the ounce troy of gold is back below the $1,300 handle, or losing 0.2% while the barrel of WTI is trading in the mid-$101.00s, up almost 1%.
Both the DowJones and the S&P500 are printing fresh intraday record highs advancing 0.14% and 0.06%, respectively. The Nasdaq is following the opposite direction, losing 0.21% so far. The DXY, which tracks the greenback vs. its major competitors, is advancing for the fifth consecutive session, surpassing the psychological 80.00 handle and trading in multi-week tops around 80.20.
Bourses in the Old Continent closed with gains following the ECB’s easing promise, with the DAX gaining 0.54%, followed by the FTSE100, 0.31% and the CAC40, 0.25%. The offered tone is growing bigger around the single currency, pushing the EUR/USD to test fresh multi-week lows in the 1.3700/1.3690 band following disappointing ZEW and dovish appreciations from the Bundesbank.
In the commodities’ universe, the ounce troy of gold is back below the $1,300 handle, or losing 0.2% while the barrel of WTI is trading in the mid-$101.00s, up almost 1%.