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30 Sep 2014
US stocks turn negative, USD trim gains
FXStreet (Córdoba) - Equities in the US started Tuesday in positive ground but then lost momentum and pulled back. In Europe, most markets finished positive, with the exception of London, where the FTSE 100 lost 0.36%. The Dax climbed 0.54%, the Cac 40 1.33% and the FTSE MIB 1.78%. In Wall Street the Dow Jones was losing 0.02%, the Nasdaq 0.09% and the S&P 500 0.10%.
In the currency market, the Us dollar pulled back during the American session trimming gains versus european currencies and also against the kiwi and the aussie. The Canadian dollar, weakened by economic data from Canada, was among the worst performers.
Gold plummeted to $1,204, reaching fresh 2104 lows while crude oil was falling sharply with the barrel trading down 3.50%, below $91.50.
Economic data from the US showed that the consumer confidence measured by the Conference Board fell to 86.0 in September from 93.4 while the Chicago PMI dropped from 64.3 to 60.5.
In the currency market, the Us dollar pulled back during the American session trimming gains versus european currencies and also against the kiwi and the aussie. The Canadian dollar, weakened by economic data from Canada, was among the worst performers.
Gold plummeted to $1,204, reaching fresh 2104 lows while crude oil was falling sharply with the barrel trading down 3.50%, below $91.50.
Economic data from the US showed that the consumer confidence measured by the Conference Board fell to 86.0 in September from 93.4 while the Chicago PMI dropped from 64.3 to 60.5.