Back
8 Feb 2013
US markets following ‘green close’ in Europe, dollar in highs
US shares are posting gains in the last trading day of the week, following the advances in their European peers. Markets remain buoyed by positive data out of Chinese trade balance and the narrower US deficit posted in December. The USD is edging higher as well, hovering over session highs in the vicinity of 80.35/40
As of writing, the DowJones is up 0.31% seconded by the S&P500 and the Nasdaq, gaining 0.45% and 0.89%, respectively.
Euroland closed in a ‘sea of green’ on Friday, after Chinese data and later the positive result out of the US trade balance have intensified the risk-on tone, sending markets to higher ground. The IBEX35 led the way north, advancing 2.0% ahead of the CAC40, 1.35% and the DAX, 0.81%. The single currency is extending its post-Draghi decline, printing fresh weekly lows in the mid 1.33s and failing to pick up pace despite the better risk-on mode.
Commodities are losing ground on Friday, with the barrel of WTI down 0.40% at $95.45 and the ounce troy of gold following suit, 0.25% at $1667
As of writing, the DowJones is up 0.31% seconded by the S&P500 and the Nasdaq, gaining 0.45% and 0.89%, respectively.
Euroland closed in a ‘sea of green’ on Friday, after Chinese data and later the positive result out of the US trade balance have intensified the risk-on tone, sending markets to higher ground. The IBEX35 led the way north, advancing 2.0% ahead of the CAC40, 1.35% and the DAX, 0.81%. The single currency is extending its post-Draghi decline, printing fresh weekly lows in the mid 1.33s and failing to pick up pace despite the better risk-on mode.
Commodities are losing ground on Friday, with the barrel of WTI down 0.40% at $95.45 and the ounce troy of gold following suit, 0.25% at $1667