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10 Feb 2014
Markets mixed ahead of Yellen’s speech
FXStreet (Edinburgh) - US shares are trading in a mixed tone at the beginning of the week ahead of tomorrow’s testimony by Fed’s Chairwoman Janet Yellen. The greenback, in terms of the DXY, is extending the correction lower from last week, hovering over 80.80/65. At the moment, DowJones is down 0.08% while the S&P500 and the Nasdaq are up 0.01% and 0.37%, respectively.
Poor data from French and Italian industrial sectors weighed on the main European indices on Monday, dragging the IBEX35 and the DAX to the red territory, down 0.89% and 0.13%, respectively. On the other side, the FTSE100 gained 0.30% and the CAC40, 0.21%. The single currency remains around Friday’s closing near 1.3640, correcting lower after hitting peaks beyond 1.3650.
In the commodities’ land, the barrel of WTI is up 0.12% around the critical triple-digit. The ounce troy of gold is following suit, up almost 1% near $1,280.
Poor data from French and Italian industrial sectors weighed on the main European indices on Monday, dragging the IBEX35 and the DAX to the red territory, down 0.89% and 0.13%, respectively. On the other side, the FTSE100 gained 0.30% and the CAC40, 0.21%. The single currency remains around Friday’s closing near 1.3640, correcting lower after hitting peaks beyond 1.3650.
In the commodities’ land, the barrel of WTI is up 0.12% around the critical triple-digit. The ounce troy of gold is following suit, up almost 1% near $1,280.