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4 Jun 2013
US markets in red, as Fed continues to weight on sentiment
FXstreet.com (Barcelona) - Rumours involving the likeliness of the Fed scaling down its monthly asset purchases at some point in the near future were doing the rounds amongst investors on Tuesday, depressing the sentiment. On the opposite direction, the greenback – measured by the US Dollar index - is inching higher, partially recovering yesterday’s losses and currently hovering over 82.85/90.DowJones is retreating 0.56% followed by the Nasdaq, 0.48% and the S&P500, 0.57%.
Across the pond, bourses closed with gains, partially retracing Monday’s sharp pullback. Better-than-expected employment figures in the Spanish economy shed a ray of hope on the beleaguered economy, spreading the upbeat sentiment over the rest of the markets. The IBEX35 was the best performer, up 0.9%, ahead of the FTSE100 and the CAC40, up 0.51% and 0.13%, respectively.
The shared currency is netting a neutral day on Tuesday, gyrating around 1.3060/65 after hitting intraday tops above 1.3100 the figure.
In the commodities realm, the barrel of crude oil is advancing 0.39% at $93.82 while the ounce of the precious metal is losing 0.98% at $1,398.
Across the pond, bourses closed with gains, partially retracing Monday’s sharp pullback. Better-than-expected employment figures in the Spanish economy shed a ray of hope on the beleaguered economy, spreading the upbeat sentiment over the rest of the markets. The IBEX35 was the best performer, up 0.9%, ahead of the FTSE100 and the CAC40, up 0.51% and 0.13%, respectively.
The shared currency is netting a neutral day on Tuesday, gyrating around 1.3060/65 after hitting intraday tops above 1.3100 the figure.
In the commodities realm, the barrel of crude oil is advancing 0.39% at $93.82 while the ounce of the precious metal is losing 0.98% at $1,398.