3 Jun 2014
Wall Street, Europe in red; Yields rise
FXStreet (Córdoba) - Stocks in Wall Street are falling moderately while European markets closed in negative. After hitting record levels yesterday the Dow Jones is falling 0.12% and the S&P 500 declines 0.05%. In Europe the FTSE 100 lost 0.41% while the DAX retreated 0.30%.
Markets remain calm ahead of the ECB meeting and US employment data. A report today showed that factory orders in the US rose 0.7% in April, above expectations.
In the forex market, the Yen and the Kiwi are among the worst performers. The Japanese currency continues to move to the downside as Treasury yields rise in the US for the fourth day in a row.
Gold continues to hold near the lows, currently at $1,244 while crude oil is rising marginally, hovering around $102.50 a barrel.
Markets remain calm ahead of the ECB meeting and US employment data. A report today showed that factory orders in the US rose 0.7% in April, above expectations.
In the forex market, the Yen and the Kiwi are among the worst performers. The Japanese currency continues to move to the downside as Treasury yields rise in the US for the fourth day in a row.
Gold continues to hold near the lows, currently at $1,244 while crude oil is rising marginally, hovering around $102.50 a barrel.