Markets mixed on China, earning reports

FXstreet.com (Edinburgh) - Shares in the US trading floor are mixed on Tuesday, following a better risk-on tone after today’s measure by the PBoC, although poor earning reports continue to weigh on the Dow, losing 0.29% as of writing. The S&P500 is advancing 0.21% and the Nasdaq is up 0.53%. The greenback, in terms of the DXY, is recovering part of yesterday’s loses and hovering over 81.10/15.

In the Old Continent, news from China helped markets although the FTSE100 and the IBEX35 closed in red, losing 0.04% and 0.92%, respectively. On the other side, the DAX advanced 0.15%, followed by the CAC40, 0.02%. The single currency remains around the mid 1.35s after testing the key MA100d at 1.3570 during the European afternoon.

In the commodities’ space, both the barrel of WTI and the ounce troy of gold are posting gains, up 0.89% at $94.80 and 0.15% at $1,242, respectively.

EUR/USD back to 1.3550

The shared currency is now back to the 1.3550/45 region on Tuesday, correcting lower after hitting a 2-day high in the vicinity of 1.3570....
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GBP/USD advancing near 1.6480

The sterling is extending its upside momentum at the end of the NA session on Tuesday, pushing the GBP/USD to session highs near 1.6480...
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