Goldman and Citi bank failed to support the US equity markets despite beating expectations. Dollar and gold price both moved lower.
- The S&P 500 started the week on the back foot, it fell 0.25 percent at 15:37 in London.
- The Stoxx Europe 600 Index maintained its gain and rose 0.09 percent.
- The MSCI Asia Pacific Index jumped 0.5 percent, touching the highest level in a week.
- The Bloomberg Dollar Spot Index continued its downtrend and dropped 0.12 percent to 1,192.18.
- The Euro stayed above 1.13 today and gained 0.07 percent, it has achieved its highest level since Draghi’s monetary policy decision.
- The yield on 10-year Treasuries dropped one basis point to 2.54 percent.
- Germany’s 10-year yield jumped two basis points to 0.07 percent, touching the strongest level in almost four weeks.
- Gold price remained below 1300 and dropped 0.4 percent to $1,284.03 an ounce.
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.