23 Apr 2014
Poor US data drag markets lower
FXStreet (Edinburgh) - Downbeat results from US New Home Sales and the manufacturing PMI sponsored by Markit keep weighing on the main US indices on Wednesday.
The DowJones is posting marginal losses around 0.03% and followed by the S&P500, 0.09% and the Nasdaq, 0.57%. The greenback, tracked by the DXY, is retreating for the second consecutive session, hovering over 79.90/85.
Bourses in Euroland closed with losses following poor results from the corporate sector. The CAC40 retreated the most, falling 0.74% and seconded by the DAX, 0.58% and the IBEX35, 0.13%. The EUR/USD attempted to break the dullness around the 1.3800 handle, although the spike to 1.3860 was ephemeral.
In the commodities’ land, the ounce troy of gold is up 0.25% around $1,285 while the barrel of WTI is extending its decline, falling heavily 2.6% near $%101.70.
The DowJones is posting marginal losses around 0.03% and followed by the S&P500, 0.09% and the Nasdaq, 0.57%. The greenback, tracked by the DXY, is retreating for the second consecutive session, hovering over 79.90/85.
Bourses in Euroland closed with losses following poor results from the corporate sector. The CAC40 retreated the most, falling 0.74% and seconded by the DAX, 0.58% and the IBEX35, 0.13%. The EUR/USD attempted to break the dullness around the 1.3800 handle, although the spike to 1.3860 was ephemeral.
In the commodities’ land, the ounce troy of gold is up 0.25% around $1,285 while the barrel of WTI is extending its decline, falling heavily 2.6% near $%101.70.