More from FXstreet.com

European markets down on World Bank, US futures fear banks' earnings

By FXstreet.com,  January 16, 2013, 06:25:00 AM EDT

FXstreet.com (Barcelona) - The German DAX 30 (-0.06%), the French CAC 40 (-0.18%), the Italian FTSE MIB (-1.12%) and the Spanish IBEX 35 (-0.42%) are edging lower on Wednesday like most of equity indexes in Europe, as investors got disappointed on World Bank's forecast for 2013. The institution announced that it has cut global growth prospects from 3.0% (projected in June 2012) to 2.4%.

Futures for the American S&P 500 (-0.08%) and Dow Jones 30 (-0.20%) are signaling a lower opening, while Nadsaq 100 signals a higher trading, at +0.14%, ahead of more earnings reports. Goldman Sachs and J.P. Morgan Chase & Co. reports are among the most feared. The US economic calendar will provide updates on the CPI inflation and industrial production. WTI crude oil trades at $93.55 (+0.30%) and Gold moves around flat at $1679.




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

Can India Maintain Its Economic Growth?
Can India Maintain Its Economic Gro...
Atheists Give $10K to Oklahoma Tornado Victim
Atheists Give $10K to Oklahoma Torn...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%