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27 Jan 2014
Dow turns green amidst selling context
FXstreet.com (Edinburgh) - Equities in the US trading floor are mixed at the beginning of the week against the backdrop of a continuation of the sell-off in riskier assets. The greenback, measured by the DXY, is advancing for the second consecutive session so far, retaking the 80.50 level. As of writing, the Dow is up 0.07% while the S&P500 and the Nasdaq are both giving ground, down 0.20% and 0.74%, respectively.
Bourses in Euroland closed with significant pullbacks once again, extending the negative trend from last week. The British benchmark suffered the most, down 1.7% and followed by the IBEX35, 1.12% and the DAX, 0.46%. The single currency is back to where it’s started, orbiting around 1.3675/80 after climbing to the boundaries of 1.3720 post-German IFO.
The better tone from the USD is weighing on the ounce troy of gold and the barrel of WTI, losing 0.88% ($95.79) and 0.37% ($1,259), respectively.
Bourses in Euroland closed with significant pullbacks once again, extending the negative trend from last week. The British benchmark suffered the most, down 1.7% and followed by the IBEX35, 1.12% and the DAX, 0.46%. The single currency is back to where it’s started, orbiting around 1.3675/80 after climbing to the boundaries of 1.3720 post-German IFO.
The better tone from the USD is weighing on the ounce troy of gold and the barrel of WTI, losing 0.88% ($95.79) and 0.37% ($1,259), respectively.