US markets flat ahead of key earnings reports

FXstreet.com (Edinburgh) -Equities in the US markets are alternating gains and losses on Monday, as market participants continue to assess earnings reports. The world’s reserve, tracked by the US Dollar Index, is markedly lower against its rivals, as risk appetite plus poor US housing data are weighting on the index. The DowJones is down 0.08% while the Nasdaq and the S&P500 are advancing 0.06% and 0.05%, respectively.

Bourses in Euroland closed in a mixed tone, keeping the levels around 7-week highs. The CAC40 led the winners, up 0.37% and followed by the IBEX35, 0.29%. On the opposite direction, the FTSE100 fell 0.11% and the DAX 0.01%. Positive day for the single currency, climbing as high as 1.3220 after US data disappointed investors.

In the commodities’ space, the ounce troy of gold is rallying 3.26% at $1,336 while the barrel of WTI is giving ground, down 1.32% at $106.62.

EUR/GBP held below 0.8600

The EUR/GBP technical cross has been unable to regain the 0.8600 level Monday afternoon during US trading, instead lacking the impetus or strength to rise any higher.
Đọc thêm Previous

Flash: Treasury benchmarks are overbought – RBS

The RBS Research Team outlines the technicals of US treasuries, analyzing the outlook intraday.
Đọc thêm Next