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Markets extend losses, Euroland mixed

FXStreet (Edinburgh) - Equities in the US markets are trading on the back footing on Tuesday on disappointing corporate earnings and increasing risk aversion.

DowJones is retreating 0.35% followed by the S&P500 and the Nasdaq, down 0.44% and 0.52%, respectively. The DXY, which tracks the greenback against its major competitors, is posting marginal losses near 79.80.

Bourses in Europe closed mostly in red dragged by banks with the CAC40 losing 0.48% seconded by the IBEX35, 0.31% and the FTSE100, 0.06%. The German benchmark advanced 0.46%. The EUR/USD keeps the resiliency around 1.3880 after falling to sub-1.3850 levels.

In the commodities’ space, the barrel of WTI is dropping 1.4% below the $100.00 handle while the ounce troy of gold is up 0.53% around $1,348.

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