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1 May 2013
Poor jobs data is dragging US markets lower
FXstreet.com (Barcelona) - Markets in the US are trading on the back foot on Wednesday, dragged by below-expectations revenues from companies and disappointing ADP report figures, ahead of the FOMC meeting due later. The greenback, gauged by the US Dollar Index, is following suit hovering over 81.55/60 in a context dominated by the risk appetite.
As of writing, DowJones is retreating 0.65%, seconded by the S&P500 and the Nasdaq, down 0.64% and 0.75%, respectively.
Bourses in Europe closed mixed again, as poor US data weighted on the indices. Losses in the IBEX35 (0.38%) and the CAC40 (0.31%) have contrasted with gains in both the DAX and the FTSE100, up 0.51% and 0.33%, respectively. Positive day for the single currency so far, posting fresh multi-week highs in the vicinity of 1.3240, although retreating later to the current area of 1.3195/3200.
Commodities are plummeting on Wednesday, with the barrel of WTI down 2.71% at $90.93 and the ounce troy of gold losing 1.83% at $1,444.
As of writing, DowJones is retreating 0.65%, seconded by the S&P500 and the Nasdaq, down 0.64% and 0.75%, respectively.
Bourses in Europe closed mixed again, as poor US data weighted on the indices. Losses in the IBEX35 (0.38%) and the CAC40 (0.31%) have contrasted with gains in both the DAX and the FTSE100, up 0.51% and 0.33%, respectively. Positive day for the single currency so far, posting fresh multi-week highs in the vicinity of 1.3240, although retreating later to the current area of 1.3195/3200.
Commodities are plummeting on Wednesday, with the barrel of WTI down 2.71% at $90.93 and the ounce troy of gold losing 1.83% at $1,444.