US markets advance on better earnings

FXstreet.com (Edinburgh) -Equities in the US markets are inching higher on Thursday, hovering over recent record highs after mixed earning reports. The world’s reserve, tracked by the US Dollar index, is getting hammered vs. its major rivals, trading in red figures below the key support at 82.00. The DowJones is up 0.01% followed by the Nasdaq, 0.53% and the S&P500, 0.09%.

Markets in Europe closed with losses on persisting concerns over Chinese growth, with the sole exception of the Spanish benchmark, advancing 1.09% for the day. The DAX was the worst performer, down 0.96%, followed by the FTSE100, 0.49% and the CAC40, 0.17%. Choppy day for the shared currency so far, recovering ground from session lows around 1.3160 to print weekly highs beyond 1.3250.

In the commodities’ space, the barrel of crude oil is retracing recent losses, up 0.23% at $105.67. The ounce troy of gold is following suit, up 0.64% at $1,328.

EUR/USD prints fresh daily highs

The EUR/USD took another step higher during the afternoon trade in New York as investors get rid of the greenback amid better risk appetite.
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Flash: US treasuries fail at bearish trendlines – RBS

Treasury yields have backed up in earlier sessions on growing signs of improving economic performance in Europe, the UK and elsewhere, suggests the RBS Research Team.
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