Iran deal boosts markets

FXstreet.com (Edinburgh) - Increasing risk appetite is pushing stock markets higher on Monday after the deal between Iran and six other major countries over the weekend, with the Nasdaq climbing beyond 4,000 for the first time after 13 years. The DXY, which gauges the greenback against its major competitors, is also inching higher at the beginning of the week and hovering over the 81.00 handle. At the moment DowJones is up 0.18% followed by the S&P500, 0.10% and the Nasdaq, 0.31%.

Bourses in Euroland closed with gains, propelled by the post-Iran nuclear deal. The DAX advanced 0.88% ahead of the CAC40, 0.55% and the FTSE100, 0.30%. The single currency managed to gather steam after hitting 1.3490 and regained the 1.3500 handle, although remains mired in the red territory.

In the commodities’ land, the barrel of WTI is retreating 0.81% around $94.0 while the ounce troy of gold is losing 0.16% at $1,242.