Back
1 Mar 2013
US markets posting gains on US data, dollar advances firmly
Shares in the US markets are trading in the positive ground on Friday, after positive data in the US economy helped to allay jitters on the US ‘sequester’. The greenback, measured by the US Dollar Index, is advancing firmly and consolidating gains above the key level at 82.00
At the moment, DowJones is up 0.27% ahead of the S&P500 and the Nasdaq, advancing 0.24% and 0.32% respectively.
Markets in Euroland closed with losses on Friday, with the sole exception of the FTSE100, up 0.28% on the day. Market sentiment in the euro area remained depressed after the unemployment rate in the bloc ticked higher during January and the EMU CPI rose an annualized 1.8% in January, vs. 2.0% previous. The CAC40 retreated 0.62%, followed by the IBEX35 0.525 and the DAX, 0.43%. The single currency posted fresh multi-month lows in the area of 1.2960/65 in a context dominated by rising risk aversion on the US ‘sequester’, finding some buying interest later after positive comments by US President Barack Obama.
The commodities are trading in the defensive position, with the barrel of WTI losing 1.75% at $90.44 and the ounce troy of gold down 0.25% at $1574
At the moment, DowJones is up 0.27% ahead of the S&P500 and the Nasdaq, advancing 0.24% and 0.32% respectively.
Markets in Euroland closed with losses on Friday, with the sole exception of the FTSE100, up 0.28% on the day. Market sentiment in the euro area remained depressed after the unemployment rate in the bloc ticked higher during January and the EMU CPI rose an annualized 1.8% in January, vs. 2.0% previous. The CAC40 retreated 0.62%, followed by the IBEX35 0.525 and the DAX, 0.43%. The single currency posted fresh multi-month lows in the area of 1.2960/65 in a context dominated by rising risk aversion on the US ‘sequester’, finding some buying interest later after positive comments by US President Barack Obama.
The commodities are trading in the defensive position, with the barrel of WTI losing 1.75% at $90.44 and the ounce troy of gold down 0.25% at $1574