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9 Sep 2013
US markets up on China, Apple Inc., dollar slumps
FXstreet.com (Edinburgh) -Better-than-expected data from the Chinese external sector plus news that iPhone-maker Apple Inc. (AAPL) would unveil new products on Tuesday are propping up today’s upside in the main US indices. The greenback, in the meantime, is trading deep into the red territory around 81.70/75, or 2-week lows, as risk appetite is prevailing in the FX community. At the moment, DowJones is up 1.04%, followed by the S&P500, 0.98% and the Nasdaq, 1.24%.
Renewed jitters on the Syrian front regarding the likeliness of a US strike hurt the main European indices on Monday. The IBEX35 led the losers, down 0.26% and seconded by the FTSE100, 0.25% and the CAC40, 0.22%. The German benchmark gained 0.01%. The shared currency is trading in a firmer bid tone bolstered by China and August improvement from the Sentix index, quickly leaving behind the 1.3200 handle and currently hovering around 1.3260/65.
In the commodities’ land, the barrel of WTI is losing 0.89% at $109.53 while the ounce troy of the precious metal is advancing just 0.01% at $1,386.
Renewed jitters on the Syrian front regarding the likeliness of a US strike hurt the main European indices on Monday. The IBEX35 led the losers, down 0.26% and seconded by the FTSE100, 0.25% and the CAC40, 0.22%. The German benchmark gained 0.01%. The shared currency is trading in a firmer bid tone bolstered by China and August improvement from the Sentix index, quickly leaving behind the 1.3200 handle and currently hovering around 1.3260/65.
In the commodities’ land, the barrel of WTI is losing 0.89% at $109.53 while the ounce troy of the precious metal is advancing just 0.01% at $1,386.