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18 Oct 2013
Markets higher on upbeat corporate earnings
FXstreet.com (Edinburgh) -Earnings from Google Inc. (GOOG) and Morgan Staley (MS) have surprised to the upside on Friday, pushing the main indices higher and extending the record run of the S&P500. The greenback, tracked by the US Dollar index, is closing the week in multi-month lows around 79.65/60, as the selling pressure intensified post-US deal. At the moment DowJones is advancing 0.20% followed by the S&P500, 0.67% and the Nasdaq, 1.25%.
Across the pond, bourses closed in a ‘sea of green’ propped up by auspicious data from the Chinese economy and the upbeat tone from Wall St. The Frenhc benchmark outperformed its peers, advancing 1.09% seconded by the IBEX35, 0.84% and the FTSE100, 0.71%. The single currency extended its momentum against the greenback, pushing the EUR/USD to test levels just beyond 1.3700 the figure, although losing the grip afterwards to the 1.3680 area.
In the commodities’ sphere, the barrel of WTI is gaining 0.25% at $100.92 while the ounce troy of gold is down 0.67% at $1,314.
Across the pond, bourses closed in a ‘sea of green’ propped up by auspicious data from the Chinese economy and the upbeat tone from Wall St. The Frenhc benchmark outperformed its peers, advancing 1.09% seconded by the IBEX35, 0.84% and the FTSE100, 0.71%. The single currency extended its momentum against the greenback, pushing the EUR/USD to test levels just beyond 1.3700 the figure, although losing the grip afterwards to the 1.3680 area.
In the commodities’ sphere, the barrel of WTI is gaining 0.25% at $100.92 while the ounce troy of gold is down 0.67% at $1,314.