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21 Feb 2014
Markets closing the week with gains
FXStreet (Edinburgh) - Sentiment remained indifferent after the winter-induced poor data from the US economy, allowing stock markets to close the week with profits once again.
Today’s softer housing data added to the recent releases below expectations in the US calendar, although the winter weather largely took the blame for them. DowJones is now up 0.01% followed by the S&P500 and the Nasdaq, advancing 0.10% and 0.15%, respectively. The DXY, which tracks the greenback against its competitors, is trading almost unchanged in the 80.20/25 region.
Bourses in the Old Continent closed in a ‘sea of green’, advancing for the third consecutive week on upbeat corporate earnings report. The CAC40 was the best performer, up 0.59% and followed by the DAX, 0.40% and the FTSE100, 0.37%. The EUR/USD found support near the 1.3700 handle and is currently hovering over the 1.3745/50 region.
The ounce troy of gold posted multi-week highs well beyond the $1,300 mark, now advancing 0.64% at $1,325. The barrel of WTI is down 0.75%, clinging to the $102.00 mark.
Today’s softer housing data added to the recent releases below expectations in the US calendar, although the winter weather largely took the blame for them. DowJones is now up 0.01% followed by the S&P500 and the Nasdaq, advancing 0.10% and 0.15%, respectively. The DXY, which tracks the greenback against its competitors, is trading almost unchanged in the 80.20/25 region.
Bourses in the Old Continent closed in a ‘sea of green’, advancing for the third consecutive week on upbeat corporate earnings report. The CAC40 was the best performer, up 0.59% and followed by the DAX, 0.40% and the FTSE100, 0.37%. The EUR/USD found support near the 1.3700 handle and is currently hovering over the 1.3745/50 region.
The ounce troy of gold posted multi-week highs well beyond the $1,300 mark, now advancing 0.64% at $1,325. The barrel of WTI is down 0.75%, clinging to the $102.00 mark.