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13 Mar 2013
US markets advance on retail sales, dollar firmly up
Shares in the US markets keep the buoyancy on Wednesday, pushing the Dow to the verge of another record after above-estimates retail sales. The greenback is also pushing higher, posting fresh 2013 highs in the boundaries of the key resistance of 83.00
DowJones is up 0.09%, followed by the S&P500 and the Nasdaq, advancing 0.20% and 0.22%, respectively.
European bourses closed with losses, with the sole exception of the German benchmark, gaining 0.06% on the day. Sentiment amongst investors remained subdued on poor industrial data from the euro zone and higher Italian yields in today’s short-term auction. The FTSE100 led the losses, retreating 0.45% followed by the IBEX35, 0.40% and the CAC40, 0.10%. The single currency is extending its correction higher after posting fresh 2013 lows in the area of 1.2920/25 on solid US retail sales.
In the commodities space, both the crude oil and the ounce troy of gold are trading in the negative territory, losing 0.12% and 0.23% at $92.41 and $1587, respectively.
DowJones is up 0.09%, followed by the S&P500 and the Nasdaq, advancing 0.20% and 0.22%, respectively.
European bourses closed with losses, with the sole exception of the German benchmark, gaining 0.06% on the day. Sentiment amongst investors remained subdued on poor industrial data from the euro zone and higher Italian yields in today’s short-term auction. The FTSE100 led the losses, retreating 0.45% followed by the IBEX35, 0.40% and the CAC40, 0.10%. The single currency is extending its correction higher after posting fresh 2013 lows in the area of 1.2920/25 on solid US retail sales.
In the commodities space, both the crude oil and the ounce troy of gold are trading in the negative territory, losing 0.12% and 0.23% at $92.41 and $1587, respectively.