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28 Feb 2014
US markets in record highs, Europe mixed
FXStreet (Edinburgh) - A better reading from the Reuters/Michigan index and the Chicago PMI were enough to offset the disappointment from the Annualized GDP figures (2.4% act. s. 2.5% exp.) boosting stocks.
Both the Dow (+0.76%) and the S&P500 (+0.72%) are on track to print fresh records despite the mixed data from the US docket on Friday. The Nasdaq, in the meantime, is following suit, up 0.36%. The greenback, gauged by the DXY, plummeted to fresh 2014 lows in sub-79.80 levels as the risk appetite took over the markets.
Bourses in Euroland closed in a mixed tone following the US docket on Friday, with the DAX outperforming its peers and advancing 1.08% followed by the CAC40, 0.27%. On the losers’ side, the IBEX35 dropped 0.49% followed by the FTSE100, 0.01%. The EUR/USD was propelled to fresh ytd highs beyond 1.3820 after the auspicious reading from the EMU’s CPI, currently keeping the 1.3800/10 area.
On the commodities’ side, the ounce troy of gold is retreating 0.81% around $1.320 while the barrel of WTI is hovering over $102.70, up 0.33%.
Both the Dow (+0.76%) and the S&P500 (+0.72%) are on track to print fresh records despite the mixed data from the US docket on Friday. The Nasdaq, in the meantime, is following suit, up 0.36%. The greenback, gauged by the DXY, plummeted to fresh 2014 lows in sub-79.80 levels as the risk appetite took over the markets.
Bourses in Euroland closed in a mixed tone following the US docket on Friday, with the DAX outperforming its peers and advancing 1.08% followed by the CAC40, 0.27%. On the losers’ side, the IBEX35 dropped 0.49% followed by the FTSE100, 0.01%. The EUR/USD was propelled to fresh ytd highs beyond 1.3820 after the auspicious reading from the EMU’s CPI, currently keeping the 1.3800/10 area.
On the commodities’ side, the ounce troy of gold is retreating 0.81% around $1.320 while the barrel of WTI is hovering over $102.70, up 0.33%.