8 Jul 2013
US markets advance, eyes on earnings report
FXstreet.com (Edinburgh) - Equities in the US markets are posting gains at the start of the week in light of the second quarter’s earnings reports due to kick in today. The greenback is trading on the back foot and cashing up recent gains, although remains well bid above 84.00 the figure. The DowJones is up 0.60% followed by the S&P500, 0.51%.
Bourses in Euroland closed in a ‘sea of green’ on prospects of further easing in the euro area, paring at the same time last week’s losses. The DAX30 was the best performer advancing 2.08%, seconded by the IBEX35, 1.90% and the CAC40, 1.86%. The single currency is trading in the upper end of the range, posting fresh highs in the vicinity of 1.2880, partially recovering the ground lost post-ECB meeting.
In the commodities’ realm, the ounce troy of gold is rallying 1.96% at $1,236 while the barrel of WTI is posting marginal losses, down 0.10% at $103.12.
Bourses in Euroland closed in a ‘sea of green’ on prospects of further easing in the euro area, paring at the same time last week’s losses. The DAX30 was the best performer advancing 2.08%, seconded by the IBEX35, 1.90% and the CAC40, 1.86%. The single currency is trading in the upper end of the range, posting fresh highs in the vicinity of 1.2880, partially recovering the ground lost post-ECB meeting.
In the commodities’ realm, the ounce troy of gold is rallying 1.96% at $1,236 while the barrel of WTI is posting marginal losses, down 0.10% at $103.12.