US markets trading in red as caution prevails

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FXstreet.com (Barcelona) - US shares are trading in the negative territory on Tuesday, after mixed data in the US economy plus earning reports of key companies ahead in the week are favouring a cautious tone. The greenback is inching higher, around 79.60 after dipping to lows in the proximities of 79.45
At the moment, the DowJones is down 0.04%, followed by the S&P500 and the Nasdaq, retreating 0.08% and 0.30% respectively.

Markets in Europe had mixed closed, with only the FTSE100 in positive ground, up 0.15% vs. losses in the DAX 0.69% and the IBEX35, 0.36%.
The single currency is extending its downside after hitting session highs in the boundaries of 1.3400 overnight, on soft data out of the German GDP, despite the wider trade surplus in the composite. As of writing, the euro is trading at 1.3336 against the greenback.

Commodities are also trading mixed at the moment, with the WTI down 0.18% in levels shy of 94.00 and the ounce troy of gold markedly up 0.85%, at 1683



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

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