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18 Mar 2014
Markets extends advance on optimism over Russia-Ukraine
FXStreet (Edinburgh) - Optimism is growing bigger amongst investors on Tuesday, as an escalation of violence around the Crimean peninsula seems unlikely.
The Nasdaq is up more than 1%, followed by the S&P500, 0.72% and the DowJones, 0.63%. The greenback, measured by the DXY, is posting meager gains around 79.40/45, looking to recover some ground from last week’s deep pullback.
Bourses in Euroland closed with gains bolstered by the upbeat news from Russia-Ukraine, with the CAC40 leading the advance, up 0.97% and seconded by the IBEX35, 0.77% and the DAX, 0.67%. Quite a choppy session for the single currency so far, now taking the EUR/USD from session troughs near 1.3880 to the upper band of the range near 1.3930.
In the commodities’ space, the ounce troy of gold is retreating more than 1% just below $1,360 while the barrel of WTI is up 1.7% in levels shy of the $100.00 mark.
The Nasdaq is up more than 1%, followed by the S&P500, 0.72% and the DowJones, 0.63%. The greenback, measured by the DXY, is posting meager gains around 79.40/45, looking to recover some ground from last week’s deep pullback.
Bourses in Euroland closed with gains bolstered by the upbeat news from Russia-Ukraine, with the CAC40 leading the advance, up 0.97% and seconded by the IBEX35, 0.77% and the DAX, 0.67%. Quite a choppy session for the single currency so far, now taking the EUR/USD from session troughs near 1.3880 to the upper band of the range near 1.3930.
In the commodities’ space, the ounce troy of gold is retreating more than 1% just below $1,360 while the barrel of WTI is up 1.7% in levels shy of the $100.00 mark.