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1 Jan 1970
Markets in red ahead of Fedspeak
FXStreet (Edinburgh) - US shares are trading on the back footing on Friday while market participants wait for the speeches by Fed’s Kocherlakota and Stein.
DowJones is posting marginal losses (0.04%), followed by the Nasdaq, 1.03% and the S&P500, 0.32%. The greenback, gauged by the DXY, is obviously closing the week in a firmer tone bolstered by FOMC meeting on Wednesday, currently hovering over 80.15/10.
Bourses in the Old Continent closed with gains with the exception of the Spanish benchmark, dropping 0.27% for the day. The DAX was the outperformer today, advancing 0.50%, seconded by the FTSE100, 0.23% and the CAC40, up 0.17%. The fresh multi-year high in the EMU’s Consumer Confidence was the main factor behind today’s upside. He single currency is trading almost unchanged vs. the greenback, with the EUR/USD hovering over 1.3800 the figure.
In the commodities’ space, the barrel of WTI is advancing 0.5% near the critical $100.00 mark. The ounce troy of the precious metal is gaining 0.4% near $1,340.
DowJones is posting marginal losses (0.04%), followed by the Nasdaq, 1.03% and the S&P500, 0.32%. The greenback, gauged by the DXY, is obviously closing the week in a firmer tone bolstered by FOMC meeting on Wednesday, currently hovering over 80.15/10.
Bourses in the Old Continent closed with gains with the exception of the Spanish benchmark, dropping 0.27% for the day. The DAX was the outperformer today, advancing 0.50%, seconded by the FTSE100, 0.23% and the CAC40, up 0.17%. The fresh multi-year high in the EMU’s Consumer Confidence was the main factor behind today’s upside. He single currency is trading almost unchanged vs. the greenback, with the EUR/USD hovering over 1.3800 the figure.
In the commodities’ space, the barrel of WTI is advancing 0.5% near the critical $100.00 mark. The ounce troy of the precious metal is gaining 0.4% near $1,340.