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12 Jun 2013
US markets in red as caution prevails
FXstreet.com (Barcelona) - US markets are trading on the back foot for the third session in a row on Wednesday, as investors remain concerned about the next steps of the US monetary policy. The greenback, in terms of the US Dollar index, is also edging lower, trading below the key support at 81.00.
DowJones is down 0.63% followed by the S&P500, 0.65% and the Nasdaq, 0.81%.
Bourses across the pond closed mostly in red, with the exception of the Spanish benchmark, advancing 0.43% for the day. Renewed concerns on Greece re-emerged after the main unions called a general strike, weighting on sentiment. The DAX led the losses, falling 0.96% and seconded by the FTSE100, 0.64% and the CAC40, 0.44%. After bottoming out around 1.3260/65, the single currency extended its weekly bull run, printing fresh 4-months highs in the boundaries of 1.3360.
Commodities are reflecting the weaker buck, with the barrel of WTI advancing 0.48% at $95.83 and the ounce troy of gold following suit, 0.81% at $1,388.
DowJones is down 0.63% followed by the S&P500, 0.65% and the Nasdaq, 0.81%.
Bourses across the pond closed mostly in red, with the exception of the Spanish benchmark, advancing 0.43% for the day. Renewed concerns on Greece re-emerged after the main unions called a general strike, weighting on sentiment. The DAX led the losses, falling 0.96% and seconded by the FTSE100, 0.64% and the CAC40, 0.44%. After bottoming out around 1.3260/65, the single currency extended its weekly bull run, printing fresh 4-months highs in the boundaries of 1.3360.
Commodities are reflecting the weaker buck, with the barrel of WTI advancing 0.48% at $95.83 and the ounce troy of gold following suit, 0.81% at $1,388.