US markets advance on retail sales, dollar firmly up
Shares in the US markets keep the buoyancy on Wednesday, pushing the Dow to the verge of another record after above-estimates retail sales. The greenback is also pushing higher, posting fresh 2013 highs in the boundaries of the key resistance of 83.00 DowJones is up 0.09%, followed by the S&P500 and the Nasdaq, advancing 0.20% and 0.22%, respectively.
European bourses closed with losses, with the sole exception of the German benchmark, gaining 0.06% on the day. Sentiment amongst investors remained subdued on poor industrial data from the euro zone and higher Italian yields in today’s short-term auction. The FTSE100 led the losses, retreating 0.45% followed by the IBEX35, 0.40% and the CAC40, 0.10%. The single currency is extending its correction higher after posting fresh 2013 lows in the area of 1.2920/25 on solid US retail sales.
In the commodities space, both the crude oil and the ounce troy of gold are trading in the negative territory, losing 0.12% and 0.23% at $92.41 and $1587, respectively.