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12 Mar 2013
US markets in red, dollar slightly up
US equities is trading on the back foot on Tuesday, momentarily halting the impressive bull run that took the Dow Jones to all-time highs. The greenback, measured by the US Dollar Index, has trimmed earlier losses and is now posting meagre gains in the area of 82.60/65
The DowJones is losing 0.19%, followed by the S&P500 and the Nasdaq, down 0.45% and 0.60%, respectively.
In Europe, bourses closed mixed with the most relevant news coming from the UK, where horrible data from the industrial sector prompted investors to start considering the likelihood of the British economy slipping back into recession. The FTSE100 and the CAC40 advanced 0.11% and 0.10%, respectively; while the IBEX35 lost 0.26%, seconded by the DAX, down 0.23%. After a spike to levels shy of 1.3080, the single currency lost vigour and retraced those gains, falling back to the current area of 1.3020/25
Commodities are posting strong gains, with the barrel of WTI gaining 0.56% at $92.56 and the ounce troy of gold following suit, up 0.88% at $1591
The DowJones is losing 0.19%, followed by the S&P500 and the Nasdaq, down 0.45% and 0.60%, respectively.
In Europe, bourses closed mixed with the most relevant news coming from the UK, where horrible data from the industrial sector prompted investors to start considering the likelihood of the British economy slipping back into recession. The FTSE100 and the CAC40 advanced 0.11% and 0.10%, respectively; while the IBEX35 lost 0.26%, seconded by the DAX, down 0.23%. After a spike to levels shy of 1.3080, the single currency lost vigour and retraced those gains, falling back to the current area of 1.3020/25
Commodities are posting strong gains, with the barrel of WTI gaining 0.56% at $92.56 and the ounce troy of gold following suit, up 0.88% at $1591