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17 Oct 2013
S&P500 posed for record close after the fiscal deal
FXstreet.com (Edinburgh) -Shares in the US markets are trading mostly higher on Thursday, with corporate earnings now taking centre stage after the US clinched a deal to re-open the shutdown and raise temporarily the debt ceiling. The US Dollar index is submerged into the red territory around 79.65/70, dragged lower after the Chinese agency Dangon cut the US credit rating. At the moment DowJones is down 0.37% while the S&P500 and the Nasdaq are up 0.27% and 0.24%, respectively.
Positive corporate results plus a relief tone after the US deal left markets mixed in Euroland, with the FTSE100 and the IBEX35 advancing 0.07% and 0.39%, respectively. The CAC40 dropped 0.10% followed by the DAX 0.38%. The shared currency rallied to the area of 1.3670 in response to the Chinese rating cut to the US, leaving the door open for an assault to 2013 highs at 1.3711.
In the commodities’ space, the barrel of WTI is testing the psychological support at 100.00, down 1.56% while the ounce troy of gold is following the opposite path, posting strong gains at $1,320, or 2.95%.
Positive corporate results plus a relief tone after the US deal left markets mixed in Euroland, with the FTSE100 and the IBEX35 advancing 0.07% and 0.39%, respectively. The CAC40 dropped 0.10% followed by the DAX 0.38%. The shared currency rallied to the area of 1.3670 in response to the Chinese rating cut to the US, leaving the door open for an assault to 2013 highs at 1.3711.
In the commodities’ space, the barrel of WTI is testing the psychological support at 100.00, down 1.56% while the ounce troy of gold is following the opposite path, posting strong gains at $1,320, or 2.95%.