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American equity markets pare weekly losses

FXstreet.com (Barcelona) - The US Stock managed to recover Tuesday after a definitively negative session yesterday. In the United States, the ISM New York Index (March) came in at 51.2, compared to a figure of 58.8 previously. Moreover, Factory Orders (MoM) grew +3.0% in March, against estimates of +2.9%.

Beginning with the indices and composites, the NASDAQ rose +0.74% as it settles in region of 3264.74, up +24.95 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1571.96, ascending +9.78 points or +0.64% at the time of writing. Finally, the Dow Jones has edged higher at the opening, trading in the zone of 14655.41, presently +0.57% after a movement of +82.56 points.

Sectors are all mostly currently, however the Consumer Cyclical and Healthcare have distinguished themselves as main winners thus far, rising +0.90% and +0.89% respectively. In other news, the price of crude has settled above USD $96.45/bbl Tuesday, trading off its session highs.

Forex: EUR/USD still close to lows after US data

After a first move higher ahead of the European session, to 1.2877 high, the EUR/USD has been gradually losing value, on the release of the final reading of March manufacturing PMI and ahead of the NY opening, where it printed its current daily low at 1.2812.
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Forex: GBP/USD at lows on NY session

The GBP/USD is underperforming today, particularly since the publication of the preliminary release of the UK March manufacturing PMI by Markit (contractionary at 46.8, from 47.9 and below 46.6 consensus), allowing a drop from 1.5232 opening price to as low as 1.5121 on the New York opening.
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