2 May 2014
Markets mixed after upbeat Payrolls
FXStreet (Edinburgh) - US markets are trading in a mixed tone despite the very positive data from the labour market during April.
DowJones is retreating just 0.07% while the S&P500 and the Nasdaq are advancing0.07% and 0.20%, respectively after the US economy added 288K jobs in the last month, beating forecasts for 210K. The US dollar is now retracing the spike post-Payrolls to the vicinity of 79.90, creeping back to the 79.60/50 band.
In Euroland, the main indices closed mixed as well, with geopolitical tensions from Ukraine weighing once again on investors’ sentiment. The FTSE100 gained 0.20%, followed by the IBEX35, 0.15%. On the other hand, the CAC40 dropped 0.65% seconded by the DAX, 0.49%. The EUR/USD is back to the upper band of the intraday range at 1.3865/70, coming up from post-NFP lows near 1.3810.
In the commodities’ space, the barrel of WTI is up 0.40 just below the $100.00 while increasing buying interest is lifting the ounce troy of gold back to $1,300 handle, up 1.35%.
DowJones is retreating just 0.07% while the S&P500 and the Nasdaq are advancing0.07% and 0.20%, respectively after the US economy added 288K jobs in the last month, beating forecasts for 210K. The US dollar is now retracing the spike post-Payrolls to the vicinity of 79.90, creeping back to the 79.60/50 band.
In Euroland, the main indices closed mixed as well, with geopolitical tensions from Ukraine weighing once again on investors’ sentiment. The FTSE100 gained 0.20%, followed by the IBEX35, 0.15%. On the other hand, the CAC40 dropped 0.65% seconded by the DAX, 0.49%. The EUR/USD is back to the upper band of the intraday range at 1.3865/70, coming up from post-NFP lows near 1.3810.
In the commodities’ space, the barrel of WTI is up 0.40 just below the $100.00 while increasing buying interest is lifting the ounce troy of gold back to $1,300 handle, up 1.35%.