26 Jul 2013
Markets dive into red on poor earnings
FXstreet.com (Edinburgh) -Shares in the US markets area closing the week with losses after 5 consecutive advances, after poor data weighted on investors’ sentiment. The greenback is trading on the back foot, extending the negative momentum below the key 82.00 level. The DowJones is down 0.33% followed by the S&P500, 0.22%. The Nasdaq is posting meager gains, 0.04%.
Bourses across the pond closed mixed, as market participants kept a cautious tone ahead of the FOMC meeting in the upcoming week. The German benchmark dropped the most, 0.65%, followed by the FTSE100, 0.50%. On the flip side, the IBEX35 gained 0.86% and the CAC40, 0.32%. The single currency continues to meander below 1.3300 the figure, consolidating weekly gains ahead of the key ECB gathering next week.
In the commodities’ realm, both the barrel of WTI and the ounce troy of the precious metal are in the negative territory, down 0.87% at $104.57 and 0.56% at $1,322, respectively.
Bourses across the pond closed mixed, as market participants kept a cautious tone ahead of the FOMC meeting in the upcoming week. The German benchmark dropped the most, 0.65%, followed by the FTSE100, 0.50%. On the flip side, the IBEX35 gained 0.86% and the CAC40, 0.32%. The single currency continues to meander below 1.3300 the figure, consolidating weekly gains ahead of the key ECB gathering next week.
In the commodities’ realm, both the barrel of WTI and the ounce troy of the precious metal are in the negative territory, down 0.87% at $104.57 and 0.56% at $1,322, respectively.