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5 Jun 2013
US markets in deep red on jobs, productivity data
FXstreet.com (Barcelona) - Disappointing data from the US productivity and a weaker ADP report in May have combined with the usual chat regarding the timing of the Fed’s ‘tapering’ to drag equity markets lower and keep investors’ sentiment depressed. The greenback, tracked by the US Dollar index, is following suit, reverting a positive start and now falling to the 82.60/65 region.
DowJones is down 1.11% followed by the S&P500, 1.02% and the Nasdaq, 0.92%.
The main indices in Euroland closed with strong pullbacks, as jitters on the Fed weighted amongst traders. The FTSE100 led the losers, retreating 2.12% and followed by the CAC40, 1.87% and the DAX, 1.20%. The single currency is inching higher, hovering over 1.3085/90 although proving yet unable to follow through 1.3100 the figure so far.
In the commodities realm, both the barrel of WTI and the ounce troy of gold are posting gains, advancing 0.61% at $93.86 and 0.01% at $1,397, respectively.
DowJones is down 1.11% followed by the S&P500, 1.02% and the Nasdaq, 0.92%.
The main indices in Euroland closed with strong pullbacks, as jitters on the Fed weighted amongst traders. The FTSE100 led the losers, retreating 2.12% and followed by the CAC40, 1.87% and the DAX, 1.20%. The single currency is inching higher, hovering over 1.3085/90 although proving yet unable to follow through 1.3100 the figure so far.
In the commodities realm, both the barrel of WTI and the ounce troy of gold are posting gains, advancing 0.61% at $93.86 and 0.01% at $1,397, respectively.