More from FXstreet.com

European markets down on Monday

By FXstreet.com September 17, 2012, 06:32:00 AM EDT

FXstreet.com (Barcelona) - After the QE3 party, the market is hungover on Monday. The German DAX 30 is down by -0.20% the French CAC 40 sheds -0.56%, the Spanish IBEX 35 loses -0.19% and the Italian FTSE MIB falls by -0.93%.

The EMU trade surplus (seasonally adjusted) narrowed more than expected, from €10.5B to €7.9B (consensus of €10.2B). The non-seasonally adjusted data disappointed by widening from €13.6B to €15.6B (less than the expected €17.0B) in July. The Eurozone saw the seasonally adjusted current account surplus narrowing from €14.3B to €9.7B. The non-seasonally adjusted data narrowed from €17.4B to €15.9B. Both figures came out lower than expected. The global Italian trade surplus widened from €2.516B to €4.490B on July, also seeing its balance with the EU rising from €0.995B to €2.653B.

Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are signaling a lower open between -0.11% and -0.18% ahead of the September NY Empire State manufacturing index. WTI crude oil is down by -0.06%, at 98.94. Gold is up by +0.03%, at 1770.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video






Most Active by Volume:

Company Last Sale Change Net / %
PFE $ 29.40 0.24  0.82%
NOK $ 3.86 0.17  4.61%
S $ 7.32 0.10  1.39%
BAC $ 13.27 0.06  0.45%
GE $ 24.33 0.56  2.36%
MU $ 13.76 0.52  3.93%
SIRI $ 3.40 0.06  1.80%
MNKD $ 6.605 0.94  12.40%