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9 Apr 2013
US markets advance on hopes of positive earnings
FXstreet.com (Barcelona) - The upcoming Q1 earnings reports have sparked optimism amongst investors, lifting the US markets to fresh intraday highs and the S&P500 closer to its record closing high. The greenback, tracked by the US Dollar Index, navigating the lower end of today’s range around 82.45/50 as risk appetite prevails.
DowJones is up 0.40%, followed by the Nasdaq, 0.38% and the S&P500, 0.32%.
Across the pond, European markets posted the second consecutive gain on Tuesday with the exception of the German DAX, losing 0.33% for the day. The rest of the bourses edged higher, propped up by the lower Chinese consumer prices during March and the increased demand for riskier assets. The IBEX35 led the gains with 1.10%, followed by the FTSE100 and the CAC40, up 0.58% and 0.11%, respectively.
The single currency is extending it’s rally, climbing to fresh highs around 1.3100 after dipping to the area of 1.3000
In the commodities realm, both the barrel of crude oil and the ounce troy of gold are trading in the positive territory, advancing 1.04% at $94.35 and 0.85% at $1,585, respectively.
DowJones is up 0.40%, followed by the Nasdaq, 0.38% and the S&P500, 0.32%.
Across the pond, European markets posted the second consecutive gain on Tuesday with the exception of the German DAX, losing 0.33% for the day. The rest of the bourses edged higher, propped up by the lower Chinese consumer prices during March and the increased demand for riskier assets. The IBEX35 led the gains with 1.10%, followed by the FTSE100 and the CAC40, up 0.58% and 0.11%, respectively.
The single currency is extending it’s rally, climbing to fresh highs around 1.3100 after dipping to the area of 1.3000
In the commodities realm, both the barrel of crude oil and the ounce troy of gold are trading in the positive territory, advancing 1.04% at $94.35 and 0.85% at $1,585, respectively.