30 Apr 2014
Markets posting gains after FOMC
FXStreet (Edinburgh) - US shares are posting modest gains on Wednesday following the $10 billion QE taper from the FOMC and shrugging off poor US GDP data.
As of writing DowJones is up 0.19% followed by the S&P500, 0.16 and the Nasdaq, just gaining 0.01%. The greenback is looking to stabilize in the lower end of the range, coming down to the mid-79.00s.
The main bourses in the Old Continent closed with a mixed tone amidst downbeat corporate reports. The CAC40 was the worst performer, down 0.88% and followed by the IBEX35, retreating 0.02%. On the other hand, the DAX gained 0.20% and the FTSE100, 0.15%. The EUR bullish momentum remains intact, with the EUR/USD trading just below 1.3880.
In the commodities’ universe, the barrel of WTI breached the psychological $100.00 mark, hovering over $99.70 or losing 1.5%. The ounce troy of gold is following suit, down 0.3% around $1,290.
As of writing DowJones is up 0.19% followed by the S&P500, 0.16 and the Nasdaq, just gaining 0.01%. The greenback is looking to stabilize in the lower end of the range, coming down to the mid-79.00s.
The main bourses in the Old Continent closed with a mixed tone amidst downbeat corporate reports. The CAC40 was the worst performer, down 0.88% and followed by the IBEX35, retreating 0.02%. On the other hand, the DAX gained 0.20% and the FTSE100, 0.15%. The EUR bullish momentum remains intact, with the EUR/USD trading just below 1.3880.
In the commodities’ universe, the barrel of WTI breached the psychological $100.00 mark, hovering over $99.70 or losing 1.5%. The ounce troy of gold is following suit, down 0.3% around $1,290.