25 Sep 2013
Markets in red as jitters on budget grow bigger
FXstreet.com (Edinburgh) -Equities in the US markets are trading on the back footing on Wednesday, as the likeliness of a government shutdown next month continues to spook markets. The greenback, in terms of the US Dollar index, left session lows and is now attempting a rebound to 80.30/35. At the moment DowJones is losing 0.30%, followed by the S&P500, 0.12% and the Nasdaq, 0.02%.
Bourses across the pond closed in a mixed tone against the backdrop of increasing dissent regarding the US debt ceiling. The IBEX35 outperformed its peers, advancing 0.82% and followed by the DAX, up just 0.01%. On the negative side, the FTSE100 retreated 0.30% ahead of the CAC40, 0.01%. A sudden bout of USD weakness sent the EUR/USD to fresh highs around 1.3540, although currently fading the spike towards 1.3525/20.
In the commodities’ land, the ounce troy of the precious metal is rallying 1.50% at $1,335 while the barrel of WTI is down 0.48% at $102.64.
Bourses across the pond closed in a mixed tone against the backdrop of increasing dissent regarding the US debt ceiling. The IBEX35 outperformed its peers, advancing 0.82% and followed by the DAX, up just 0.01%. On the negative side, the FTSE100 retreated 0.30% ahead of the CAC40, 0.01%. A sudden bout of USD weakness sent the EUR/USD to fresh highs around 1.3540, although currently fading the spike towards 1.3525/20.
In the commodities’ land, the ounce troy of the precious metal is rallying 1.50% at $1,335 while the barrel of WTI is down 0.48% at $102.64.