OctaFX | OctaFX Forex Broker
Open trading account

American equity markets open cautiously

FXstreet.com (Barcelona) - The US stock market opened cautiously Monday, ahead of US housing data. Earlier today however in the United States, the Chicago Fed National Activity Index (March) came in at -0.23, compared to a figure of 0.76 previously. Later today, investors will mull housing data at 14:00 GMT.

Beginning with the indices and composites, the NASDAQ climbed +0.14% as it settles in region of 3210.57, up +4.41 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1554.85, descending -0.41 points or -0.03% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 14492.14, presently -0.07% after a movement of -10.90 points.

Sectors are all lower at the opening, however the Energy and Technology sectors have distinguished themselves as the winners thus far, rising +0.18% and +0.27% respectively. In other news, the price of crude is testing USD $88.39/bbl Monday.

Forex Flash: EUR provide alternative strategies – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's EUR crosses and note that there is a generally neutral-trending bias ahead.
Read more Previous

Forex: EUR/USD pressured ahead of EMU and US data

The EUR/USD is pressuring the downside as the EMU consumer confidence is due and the US National Association of Realtors gets ready to publish March existing home sales at 14:00 GMT. The pair is already down to 1.3021 low, -0.21% on the day.
Read more Next
Start livechat