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US markets advance on retail sales, dollar firmly up

Shares in the US markets keep the buoyancy on Wednesday, pushing the Dow to the verge of another record after above-estimates retail sales. The greenback is also pushing higher, posting fresh 2013 highs in the boundaries of the key resistance of 83.00
DowJones is up 0.09%, followed by the S&P500 and the Nasdaq, advancing 0.20% and 0.22%, respectively.

European bourses closed with losses, with the sole exception of the German benchmark, gaining 0.06% on the day. Sentiment amongst investors remained subdued on poor industrial data from the euro zone and higher Italian yields in today’s short-term auction. The FTSE100 led the losses, retreating 0.45% followed by the IBEX35, 0.40% and the CAC40, 0.10%. The single currency is extending its correction higher after posting fresh 2013 lows in the area of 1.2920/25 on solid US retail sales.

In the commodities space, both the crude oil and the ounce troy of gold are trading in the negative territory, losing 0.12% and 0.23% at $92.41 and $1587, respectively.

Forex: EUR/GBP back to 0.8685

After falling around 80 pips from 0.8740, the EUR/GBP found support at 0.8660 where the pair bounced towards levels close to 0.8690. Currently the pair is trading at 0.8685.
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