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19 May 2014
Markets up, dollar retreats
FXStreet (Edinburgh) - Equities in the US trading floor are edging higher at the beginning of the week, with the Dow wobbling between gains and losses following earnings reports and news from Pfizer-AstraZeneca.
DowJones is advancing just 0.03%, followed by the S&P500, 0.27% and the Nasdaq, 0.69%. The greenback, gauged by the DXY, is erasing Friday’s gains and struggling to keep the 80.00 handle.
Poor Chinese data plus another Pfizer offer rejected by AstraZeneca weighed on the main indices in Euroland on Monday, dragging the FTSE100 to a 0.16% drop, followed by the IBEX35, down 0.51%. On the winners’ side, the DAX advanced 0.31% seconded by the CAC40, 0.30%. The EUR/USD is consolidating above the 1.3700 mark so far, hovering over 1.3715/10 after hitting session highs beyond 1.3730.
In the commodities’ space, the ounce troy of gold is posting meagre wins just below the $1,300 barrier, while the barrel of WTI is trading on a firmer footing, up 08% around $102.80/85.
DowJones is advancing just 0.03%, followed by the S&P500, 0.27% and the Nasdaq, 0.69%. The greenback, gauged by the DXY, is erasing Friday’s gains and struggling to keep the 80.00 handle.
Poor Chinese data plus another Pfizer offer rejected by AstraZeneca weighed on the main indices in Euroland on Monday, dragging the FTSE100 to a 0.16% drop, followed by the IBEX35, down 0.51%. On the winners’ side, the DAX advanced 0.31% seconded by the CAC40, 0.30%. The EUR/USD is consolidating above the 1.3700 mark so far, hovering over 1.3715/10 after hitting session highs beyond 1.3730.
In the commodities’ space, the ounce troy of gold is posting meagre wins just below the $1,300 barrier, while the barrel of WTI is trading on a firmer footing, up 08% around $102.80/85.