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17 Feb 2014
Europe smiles on better earnings reports
FXStreet (Edinburgh) - Corporate earnings reports above estimates pushed the European composite index to its second straight advance despite the main indices closing in negative ground. The FTSE100 posted strong gains, up more than 1% while the CAC40 and the IBEX35 retreated 0.14% and 0.11%, respectively. The single currency remains stuck around the 1.37 handle on Monday amidst the US inactivity and empty docket in Euroland.
In the commodities’ land, the ounce troy of the yellow metal is rallying more than 2%, extending gains beyond the $1,300 critical barrier. The barrel of crude WTI is advancing 0.55% near the $101.00 handle.
US markets are closed due to the President’s Day holiday.
In the commodities’ land, the ounce troy of the yellow metal is rallying more than 2%, extending gains beyond the $1,300 critical barrier. The barrel of crude WTI is advancing 0.55% near the $101.00 handle.
US markets are closed due to the President’s Day holiday.