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13 May 2013
US markets off highs as Fed weights
FXstreet.com (Barcelona) - Equities in the US markets are retreating from recent highs, as the likeliness of the Fed slowing down its monthly purchases has grown bigger as of late in light of recent positive results in the US economy. The greenback, gauged by the US Dollar Index, is extending last week’s rally as the risk aversion continues to weight on sentiment.
DowJones is losing 0.17% while the S&P500 and the Nasdaq are advancing 0.10% and 0.21%, respectively.
In Europe, bourses closed mixed as tepid data from China re-ignited concerns on economic growth. The FTSE100 led the gains with 0.10% followed by the DAX, 0.01%. On the opposite side, the IBEX35 was the worst performer, down 1.01% and seconded by the CAC40, 0.22%.
Quite volatile session for the single currency, falling to lows in the vicinity of 1.2940 soon after US retail sales and the climbing to the psychological resistance at 1.3000.
In the commodities space, both the barrel of WTI and the ounce troy of gold are down 0.82% at $95.25 and 0.19% at $1,433, respectively.
DowJones is losing 0.17% while the S&P500 and the Nasdaq are advancing 0.10% and 0.21%, respectively.
In Europe, bourses closed mixed as tepid data from China re-ignited concerns on economic growth. The FTSE100 led the gains with 0.10% followed by the DAX, 0.01%. On the opposite side, the IBEX35 was the worst performer, down 1.01% and seconded by the CAC40, 0.22%.
Quite volatile session for the single currency, falling to lows in the vicinity of 1.2940 soon after US retail sales and the climbing to the psychological resistance at 1.3000.
In the commodities space, both the barrel of WTI and the ounce troy of gold are down 0.82% at $95.25 and 0.19% at $1,433, respectively.