Back
2 Apr 2014
Markets in red, dollar advances
FXStreet (Edinburgh) - The S&P500 is wobbling between gains and losses after hitting fresh record highs in early session on Wednesday.
Upbeat data from US Factory Orders (1.6% MoM in February) was not enough to keep the optimism amongst traders. At the moment DowJones is down 0.02% followed by the Nasdaq, 0.12%. The S&P500 is up 0.05%. The greenback is recovering ground after two consecutive sessions of losses, currently hovering over 80.20.
Bourses in Euroland closed mostly with gains with the exception of the Spanish IBEX35, losing 0.26% for the day. The finance and metal shares pushed the main indices higher with the DAX advancing 0.20% seconded by the FTSE100, 0.10% and the CAC40, 0.09%. The EUR is now trading in the red territory, dragging the EUR/USD from intraday tops at 1.3820 to the current lows near 1.3760/55.
In the commodities’ space, the barrel of WTI is retreating 0.4% near $99.50 while the ounce troy of gold is gaining 0.8% below the $1,300 handle.
Upbeat data from US Factory Orders (1.6% MoM in February) was not enough to keep the optimism amongst traders. At the moment DowJones is down 0.02% followed by the Nasdaq, 0.12%. The S&P500 is up 0.05%. The greenback is recovering ground after two consecutive sessions of losses, currently hovering over 80.20.
Bourses in Euroland closed mostly with gains with the exception of the Spanish IBEX35, losing 0.26% for the day. The finance and metal shares pushed the main indices higher with the DAX advancing 0.20% seconded by the FTSE100, 0.10% and the CAC40, 0.09%. The EUR is now trading in the red territory, dragging the EUR/USD from intraday tops at 1.3820 to the current lows near 1.3760/55.
In the commodities’ space, the barrel of WTI is retreating 0.4% near $99.50 while the ounce troy of gold is gaining 0.8% below the $1,300 handle.