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Markets buoyed by data, earnings reports

FXStreet (Edinburgh) - US markets are closing the trading week with gains on Thursday, propped up by upbeat data and positive earnings reports.

At the moment DowJones is gaining 0.12% followed by the S&P500, 0.35% and the Nasdaq, 0.54%. The US dollar, gauged by the DXY, is extending its correction from recent lows, trading just below the psychological 80.00 handle.

The main indices in Euroland closed with gains backed by positive earnings reports. The German benchmark was the best performer, up 0.99% and seconded by the FTSE100, 0.62% and the CAC40, 0.59%. The EUR/USD is back to the 1.3815/10 area after hitting weekly highs beyond 1.3860.

In the commodities’ land, the ounce troy of the precious metal is trading in levels shy of the $1,300 mark, or losing 0.7%; the barrel of WTI is gaining almost 0.5% around $104.20.

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