4 Apr 2014
Markets in red after mixed Payrolls
FXStreet (Edinburgh) - Equities in the US markets reverted a promising start on Friday, following the softer-than-expected Payrolls in March (192K act. vs. 200K exp.).
The main indices reacted positively in the wake of the release, although failed to keep the advance alive later. DowJones is now retreating 0.65% followed by t he S&P500, 1.02% and the Nasdaq, 2.45%. The DXY, which tracks the greenback against its major rivals, is posting marginal losses although closing the week in the positive territory around 80.45.
In the Old Continent, the likeliness of the ECB to implement QE boosted the main indices: the IBEX35 advanced 0.88% followed by the CAC40, 0.79% and the DAX, 0.70%. The demand for the single currency remains subdued on Friday, although the EUR/USD manages to keep the trade around the 1.3700 handle.
In the commodities’ land, the ounce troy of gold is gaining almost 1.4% just above the $1,300 mark while the barrel of WTI is following suit, up 0.9% above $101.00.
The main indices reacted positively in the wake of the release, although failed to keep the advance alive later. DowJones is now retreating 0.65% followed by t he S&P500, 1.02% and the Nasdaq, 2.45%. The DXY, which tracks the greenback against its major rivals, is posting marginal losses although closing the week in the positive territory around 80.45.
In the Old Continent, the likeliness of the ECB to implement QE boosted the main indices: the IBEX35 advanced 0.88% followed by the CAC40, 0.79% and the DAX, 0.70%. The demand for the single currency remains subdued on Friday, although the EUR/USD manages to keep the trade around the 1.3700 handle.
In the commodities’ land, the ounce troy of gold is gaining almost 1.4% just above the $1,300 mark while the barrel of WTI is following suit, up 0.9% above $101.00.