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18 Apr 2013
US markets trimming losses, dollar tumbles
FXstreet.com (Barcelona) - Poor earnings reports from on-line giant eBay Inc. have dragged US equities lower, extending yesterday’s downside and weighting on sentiment. The return of the risk appetite is punishing the greenback, trimming yesterday’s gains and hovering over 82.50/55.
DowJones is down 0.24%, ahead of the S&P500, 0.32% and the Nasdaq, 0.76%.
European markets closed mixed after the positive bond auctions in Spain, and the soft manufacturing data from the US economy. The Spanish benchmark advanced 0.12% while the CAC40 closed flat. On the opposite side, the DAX retreated 0.39% and the FTSE100 fell 0.01%.
The single currency is recovering from Wednesday’s sell-off, gyrating around the key resistance of 1.3100 bolstered by increasing risk appetite.
In the commodities space, both the barrel of WTI and the ounce troy of gold are posting gains, advancing 1.43% at $87.93 and 0.74% at $1,393.
DowJones is down 0.24%, ahead of the S&P500, 0.32% and the Nasdaq, 0.76%.
European markets closed mixed after the positive bond auctions in Spain, and the soft manufacturing data from the US economy. The Spanish benchmark advanced 0.12% while the CAC40 closed flat. On the opposite side, the DAX retreated 0.39% and the FTSE100 fell 0.01%.
The single currency is recovering from Wednesday’s sell-off, gyrating around the key resistance of 1.3100 bolstered by increasing risk appetite.
In the commodities space, both the barrel of WTI and the ounce troy of gold are posting gains, advancing 1.43% at $87.93 and 0.74% at $1,393.