Back
28 Jul 2014
Negative start for Wall Street
FXStreet (Córdoba) - US stocks are falling modestly on Monday while European markets finished lower. Among country indexed, in Germany the Dax lost 0.48% while in the UK the FTSE 100 retreated 0.05%. in Wall Street the Dow Jones was losing 0.14% while the Nasdaq was down 0.33%.
Economic data from the US showed that pending home sales fell 1.1% in June, analysts were expecting a 0.5% increase. But attention continues to point toward Wednesday with GDP, APD and FED’s decision and also on Friday with the employment report.
Price action in the currency market remains limited with the US dollar pulling back modestly. Crude oil was falling 0.40% trading around $101.70 a barrel while gold was flat, hovering around $1,305/oz.
Economic data from the US showed that pending home sales fell 1.1% in June, analysts were expecting a 0.5% increase. But attention continues to point toward Wednesday with GDP, APD and FED’s decision and also on Friday with the employment report.
Price action in the currency market remains limited with the US dollar pulling back modestly. Crude oil was falling 0.40% trading around $101.70 a barrel while gold was flat, hovering around $1,305/oz.