4 Mar 2014
Relief in Ukraine boosted markets
FXStreet (Edinburgh) - Markets are posting strong gains on Tuesday following the positive developments from the Crimea peninsula.
The S&P500 is posting fresh intraday records, advancing 1.41% and followed by the Dow, 1.35% and the Nadaq, 1.78%. The greenback, tracked by the DXY, is reverting a negative start and trading just below session highs around 80.15/20 area.
Bourses in Euroland recovered from the recent steep pullback, closing the day in a ‘sea of green’ after tensions between Russia and Ukraine eased. The IBEX35 was the top performer, up 2.51% followed by the DAX and the CAC40, advancing 2.46% and 2.45%, respectively. The single currency is back to the lower band of today’s range near 1.3730 after hitting session peaks beyond 1.3780.
In the commodities’ land, both the barrel of WTI and the ounce troy of gold are trading on the red territory, retreating 1.77% around $103.00 and almost 1% just below $1,340.
The S&P500 is posting fresh intraday records, advancing 1.41% and followed by the Dow, 1.35% and the Nadaq, 1.78%. The greenback, tracked by the DXY, is reverting a negative start and trading just below session highs around 80.15/20 area.
Bourses in Euroland recovered from the recent steep pullback, closing the day in a ‘sea of green’ after tensions between Russia and Ukraine eased. The IBEX35 was the top performer, up 2.51% followed by the DAX and the CAC40, advancing 2.46% and 2.45%, respectively. The single currency is back to the lower band of today’s range near 1.3730 after hitting session peaks beyond 1.3780.
In the commodities’ land, both the barrel of WTI and the ounce troy of gold are trading on the red territory, retreating 1.77% around $103.00 and almost 1% just below $1,340.