28 Oct 2013
Markets advance despite mixed US data
FXstreet.com (Edinburgh) -Equities in the US markets are advancing at the beginning of the week amidst mixed results from industrial production and pending home sales, while investors wait for results from iPhone maker Apple Inc. (AAPL). The greenback, in terms of the US Dollar index, is advancing for the second consecutive session around 79.30, favoured by a return of the risk aversion amongst traders ahead of the FOMC meeting on Wednesday. At the moment, DowJones is up 0.14% followed by the S&P500, 0.22% and the Nasdaq, 0.03%.
A cautious tone ahead of the FOMC gathering weighed on markets in Euroland, with the FTSE100 the sole winner (0.07%) amongst its peers. The IBEX35 was the worst performer, down 0.81% and followed by the CAC40 and the DAX, down 0.48% and 0.08%, respectively. The shared currency remains in a consolidation mood below 1.3800 the figure amidst scarce volatility due to an empty docket in the region.
In commodities’ land, the barrel of WTI is advancing 0.65% at $98.49 while the ounce troy of gold is alternating gains with losses around $1,350.
A cautious tone ahead of the FOMC gathering weighed on markets in Euroland, with the FTSE100 the sole winner (0.07%) amongst its peers. The IBEX35 was the worst performer, down 0.81% and followed by the CAC40 and the DAX, down 0.48% and 0.08%, respectively. The shared currency remains in a consolidation mood below 1.3800 the figure amidst scarce volatility due to an empty docket in the region.
In commodities’ land, the barrel of WTI is advancing 0.65% at $98.49 while the ounce troy of gold is alternating gains with losses around $1,350.