25 Mar 2014
Markets advance on better data
FXStreet (Edinburgh) - Better US Consumer Confidence is fuelling today’s upbeat sentiment amongst traders, pushing the main indices higher.
At the moment DowJones is up 0.63%, followed by the S&P500, 0.46% and the Nasdaq, 0.16%. The greenback is trading almost unchanged below the 80.00 handle, albeit unable to gather further traction so far.
The main indices in Euroland shrugged off the softer IFO release and closed with strong gains following the auspicious results from the US docket. The DAX outperformed its peers advancing 1.63%, seconded by the CAC40, 1.59% and the FTSE100, 1.3%. The single currency remains in the red territory, albeit it’s managed to lift the EUR/USD back above the 1.3800 mark, currently around 1.3830/25.
In the commodities’ land, the barrel of WTI is down 0.37% just above $99.00 while the ounce troy of the precious metal is almost unchanged, recovering from initial losses near $1,310.
At the moment DowJones is up 0.63%, followed by the S&P500, 0.46% and the Nasdaq, 0.16%. The greenback is trading almost unchanged below the 80.00 handle, albeit unable to gather further traction so far.
The main indices in Euroland shrugged off the softer IFO release and closed with strong gains following the auspicious results from the US docket. The DAX outperformed its peers advancing 1.63%, seconded by the CAC40, 1.59% and the FTSE100, 1.3%. The single currency remains in the red territory, albeit it’s managed to lift the EUR/USD back above the 1.3800 mark, currently around 1.3830/25.
In the commodities’ land, the barrel of WTI is down 0.37% just above $99.00 while the ounce troy of the precious metal is almost unchanged, recovering from initial losses near $1,310.