14 Apr 2014
Markets advance on better data
FXStreet (Edinburgh) - Better-than-expected earnings results plus upbeat data from March retail sales has boosted markets on Monday.
The DowJones is recovering ground from last week’s pullback, advancing 0.69% and followed by the S&P500, 0.62% and the Nasdaq, 0.43%. The greenback, tracked by the DXY, is advancing for the second consecutive session although still below the 80.00 handle.
In Euroland, the main bourses reverted part of last week’s sell-off although geopolitical tensions were still hovering over traders. The IBEX35 was the sole loser, down 0.17% while the CAC40 and the FTSE100 advanced 0.43% and 0.34%, respectively. Draghi’s dovish comments over the weekend are weighing on the euro, dragging the EUR/USD to the lower band of the 1.3800 handle.
In the commodities’ land, the ounce troy of gold is advancing 0.6% near $1,330 while the barrel of WTI is up 0.2% in levels shy of the $104.00 mark.
The DowJones is recovering ground from last week’s pullback, advancing 0.69% and followed by the S&P500, 0.62% and the Nasdaq, 0.43%. The greenback, tracked by the DXY, is advancing for the second consecutive session although still below the 80.00 handle.
In Euroland, the main bourses reverted part of last week’s sell-off although geopolitical tensions were still hovering over traders. The IBEX35 was the sole loser, down 0.17% while the CAC40 and the FTSE100 advanced 0.43% and 0.34%, respectively. Draghi’s dovish comments over the weekend are weighing on the euro, dragging the EUR/USD to the lower band of the 1.3800 handle.
In the commodities’ land, the ounce troy of gold is advancing 0.6% near $1,330 while the barrel of WTI is up 0.2% in levels shy of the $104.00 mark.