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7 May 2013
Dow extends its bull run beyond 15,000 pts, dollar flat
FXstreet.com (Barcelona) - Shares in the US markets are prolonging their momentum on Tuesday, propped up by the prevailing easing bias in the global markets, after the RBA lowered the refi rate to 2.75% this morning. The greenback, gauged by the US Dollar Index, is posting marginal losses in the vicinity of 82.30.
DowJones is up 0.46%, followed by the S&P500, 0.42% and the Nasdaq, 0.06%.
Bourses across the pond closed with gains, bolstered by upbeat earnings from HSBC Holding PLC and Societe Generale SA. In the same tone, the last ECB decision to cut the repo rate was still supporting the optimism amongst traders, adding to the upside. The DAX led the winner, advancing 0.86%, ahead of the IBEX35, 0.47% and the CAC40, 0.37%.
After printing fresh highs above 1.3130 on better-than-expected German factory orders, the single currency found its way back to the current area of 1.3080/85, as risk aversion is slowly creeping back in the markets.
In the commodities space, both the barrel of WTI and the ounce troy of the precious metal area down, losing 0.51% at $95.67 and 1.16% at $1,450, respectively.
DowJones is up 0.46%, followed by the S&P500, 0.42% and the Nasdaq, 0.06%.
Bourses across the pond closed with gains, bolstered by upbeat earnings from HSBC Holding PLC and Societe Generale SA. In the same tone, the last ECB decision to cut the repo rate was still supporting the optimism amongst traders, adding to the upside. The DAX led the winner, advancing 0.86%, ahead of the IBEX35, 0.47% and the CAC40, 0.37%.
After printing fresh highs above 1.3130 on better-than-expected German factory orders, the single currency found its way back to the current area of 1.3080/85, as risk aversion is slowly creeping back in the markets.
In the commodities space, both the barrel of WTI and the ounce troy of the precious metal area down, losing 0.51% at $95.67 and 1.16% at $1,450, respectively.