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Jun 3, 2013
US Markets mixed, dollar plummets
FXstreet.com (Barcelona) - Equities in the US markets are trading mixed at the beginning of the week, after the poor ISM manufacturing data cast a mantle of doubts over the next steps of the Fed regarding its modification of the bond buying programme. The greenback, in terms of the DXY, is losng ground across the board, although it managed to leave session lows around 82.45/50.
DowJones is up 0.23% while both the Nasdaq and the S&P500 are trading in red, 0.71% and 0.22%, respectively.
Bourses in Euroland started the month in red figures on worrying manufacturing data from the US and China, increasing concerns over global growth. The FTSE100 was the worst performer, down 0.88% and followed by the DAX, 0.76% and the CAC40, 0.71%.
Very positive session for the single currency, propelled to 4-week highs around 1.3110 in the wake of the US ISM manufacturing result, retracing later to the current 1.3090/1.3100 region.
In the commodities sphere, both the barrel of WTI and the ounce troy of gold are posting strong gains, advancing 1.52% at $93.38 and 1.42% at $1,412, respectively.
DowJones is up 0.23% while both the Nasdaq and the S&P500 are trading in red, 0.71% and 0.22%, respectively.
Bourses in Euroland started the month in red figures on worrying manufacturing data from the US and China, increasing concerns over global growth. The FTSE100 was the worst performer, down 0.88% and followed by the DAX, 0.76% and the CAC40, 0.71%.
Very positive session for the single currency, propelled to 4-week highs around 1.3110 in the wake of the US ISM manufacturing result, retracing later to the current 1.3090/1.3100 region.
In the commodities sphere, both the barrel of WTI and the ounce troy of gold are posting strong gains, advancing 1.52% at $93.38 and 1.42% at $1,412, respectively.