Back
22 Apr 2013
US markets mixed, dollar advances
FXstreet.com (Barcelona) - Equities in the US markets are trading mixed at the beginning of the week after poor data from the US housing sector and better-than-expected earnings reports. The greenback, measured by the US Dollar Index, is posting gains against its rivals hovering over 82.85/90 region from highs above 83.00.
Bourses in Euroland closed mostly higher with the exception of the British benchmark, down 0.09% for the day. The IBEX35 led the winners, advancing 1.42% followed by the DAX, 0.40% and the CAC40, finishing flat. The banks pushed the indices higher on Monday on the Italian elections, although they trimmed gains after the poor US housing data.
After bottoming below 1.3020, the single currency found support and is trading back to the 1.3050 region, as risk aversion is prevailing amongst investors.
In the commodities space, the ounce troy of gold regained the $1,400 mark, up 1.93% at $1,422. The barrel of WTI is following suit, advancing 0.47% at $88.42.
Bourses in Euroland closed mostly higher with the exception of the British benchmark, down 0.09% for the day. The IBEX35 led the winners, advancing 1.42% followed by the DAX, 0.40% and the CAC40, finishing flat. The banks pushed the indices higher on Monday on the Italian elections, although they trimmed gains after the poor US housing data.
After bottoming below 1.3020, the single currency found support and is trading back to the 1.3050 region, as risk aversion is prevailing amongst investors.
In the commodities space, the ounce troy of gold regained the $1,400 mark, up 1.93% at $1,422. The barrel of WTI is following suit, advancing 0.47% at $88.42.