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14 Feb 2013
US markets trading mixed, dollar advances
Shares in the US markets are trading in the mixed territory on Thursday reflecting the positive data from the US labor market and the GDP contractions in the core members of the euro zone and Japan. The greenback, measured by the US Dollar Index, is posting strong gains above the 80.50 levels, echoing the increasing risk aversion.
As of writing, the DowJones is down 0.13%, while the S&P500 and the Nasdaq advancing 0.02% and 0.08%, respectively.
Red was de predominant colour in Europe after the poor results from the preliminary GDP figures in the euro zone, confirming the difficulties for the bloc to leave behind recession levels. The German benchmark led the losses with 1.05%, seconded by the CAC40 and IBEX35, down 0.78% and 0.71%, respectively.
The stronger greenback is impacting on the precious metal, retreating 0.59% at $1635, while the barrel of WTI gains 0.33% at $97.33
As of writing, the DowJones is down 0.13%, while the S&P500 and the Nasdaq advancing 0.02% and 0.08%, respectively.
Red was de predominant colour in Europe after the poor results from the preliminary GDP figures in the euro zone, confirming the difficulties for the bloc to leave behind recession levels. The German benchmark led the losses with 1.05%, seconded by the CAC40 and IBEX35, down 0.78% and 0.71%, respectively.
The stronger greenback is impacting on the precious metal, retreating 0.59% at $1635, while the barrel of WTI gains 0.33% at $97.33