European markets and US futures down as week starts

The German DAX 30 (-0.60%), the French CAC 40 (-0.80%), the Italian FTSE MIB (-2.20%), and the Spanish IBEX 35 (-1.75%), like most of the European equity indexes as financial trading opens for the week. German Chancellor Merkel and Spanish Prime Minister Rajoy are meeting as of writing.

Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are signaling a lower opening by around -0.19% ahead of US factory orders. WTI crude oil is down to $96.82 (-01.00%) and Gold eases to $1663.20 (-0.34%).

Feb 4, 2013

Forex Flash: EUR longs keep the momentum – Rabobank

The euro continues its correction lower on Monday, currently testing the area around 1.3560, as poor Spanish data and later disappointing figures out of the Sentix index seemed to have plotted...

Forex Flash: NZ strategy profile – Westpac

According to the Westpac Strategy Team, “Despite the volatility over the past few months, the NZD/USD remains in an uptrend so long as the 0.8215 level is not breached on any subsequent pullbacks – conversely, our next upside target is 0.8570.”