27 Jun 2013
US data boost markets, dollar flat
Fxstreet.com (Edinburgh) - Positive data from the US economy are propping up today’s upside, with markets advancing for the third consecutive session. Fed’s officials also added to the upbeat momentum after confirming that the next steps in monetary policy will remain data-dependent. The greenback, gauged by the US Dollar Index, is alternating gains and losses, although keeping the trade above 83.00 the figure. The DowJones is advancing 0.73%, followed by the Nasdaq, 0.77% and the S&P500, 0.67%.
Bourses in Euroland closed with strong gains spurred by the good performance of the US data. The British benchmark led the winners advancing 1.26% and followed by the CAC40, 0.97% and the DAX, 0.63%. The EUR/USD is currently navigating around 1.3030 in a choppy session, despite the positive employment data from Germany and mixed results in the EMU from the consumer confidence and business climate.
In the commodities’ realm, the barrel of WTI is gaining 1.57% at $97.01 while the once troy of gold is extending its decline, falling 2.55% at $1,199.
Bourses in Euroland closed with strong gains spurred by the good performance of the US data. The British benchmark led the winners advancing 1.26% and followed by the CAC40, 0.97% and the DAX, 0.63%. The EUR/USD is currently navigating around 1.3030 in a choppy session, despite the positive employment data from Germany and mixed results in the EMU from the consumer confidence and business climate.
In the commodities’ realm, the barrel of WTI is gaining 1.57% at $97.01 while the once troy of gold is extending its decline, falling 2.55% at $1,199.