19 Nov 2013
Markets advance ahead of Bernanke
FXstreet.com (Edinburgh) - Shares in the US trading floor extend the recent bull run as market participants wait for Chief Bernanke’s speech in Washington. The greenback, in terms of the US Dollar index, is giving ground for the third consecutive session, hovering over 80.65/60. At the moment, DowJones is up 0.16% ahead of the S&P500, 0.08% and the Nasdaq, 0.02%.
Bourses in Euroland retreated on Tuesday following mixed results from the German ZEW Survey and lower economic growth forecasts from the OECD. The IBEX35 dropped 1.57%, followed by the CAC40 and the FTSE100, down 1.12% and 0.38%, respectively. The single currency is trading on an upbeat mood, posting weekly highs around 1.3550 amidst increasing risk-appetite.
In the commodities’ universe, the barrel of WTI is advancing 0.19% at $93.21 and the ounce troy of the precious metal is following the same path, up 0.14% at $1,274.
Bourses in Euroland retreated on Tuesday following mixed results from the German ZEW Survey and lower economic growth forecasts from the OECD. The IBEX35 dropped 1.57%, followed by the CAC40 and the FTSE100, down 1.12% and 0.38%, respectively. The single currency is trading on an upbeat mood, posting weekly highs around 1.3550 amidst increasing risk-appetite.
In the commodities’ universe, the barrel of WTI is advancing 0.19% at $93.21 and the ounce troy of the precious metal is following the same path, up 0.14% at $1,274.