2 Jul 2013
US markets now correcting lower, dollar advances
FXstreet.com (Edinburgh) - Shares in the US markets are trading on a soft tone on Tuesday, navigating into the red territory after market participants digested the positive results from the Factory Orders. The greenback, in terms of the US Dollar index, is edging higher, consolidating recent gains well above 83.00 the figure. The DowJones is retreating 0.47% seconded by the Nasdaq, 0.42% and the S&P500, 0.33%.
Markets across the Atlantic closed with negative figures, with banks underperforming and dragging the indices lower. The German benchmark led the losses, down 0.92% followed by the CAC40 and the IBEX35, retreating 0.66% and 0.26%, respectively.
In the commodities’ space, the ounce troy of gold is resuming its recent weakness, losing 0.92% at $1,244 while the barrel of WTI is edging to the triple-digit resistance, currently up 1.51% at $99.47.
Markets across the Atlantic closed with negative figures, with banks underperforming and dragging the indices lower. The German benchmark led the losses, down 0.92% followed by the CAC40 and the IBEX35, retreating 0.66% and 0.26%, respectively.
In the commodities’ space, the ounce troy of gold is resuming its recent weakness, losing 0.92% at $1,244 while the barrel of WTI is edging to the triple-digit resistance, currently up 1.51% at $99.47.