Crude Oil, Indices and GBP/USD rally : Market update
MarketsFN Team
•1 min read
Core CPI in US matched the consensus at 5.3% while CPI reading at 4% was a bit below the expectations (4.1%).
US Indices opened in positive territory: Dow Jones at 34,188.68, up 0.4%, S&P 500 is at 4,362.85 +0.58% while Nasdaq is at 13,535.50, advancing +0.58%.
Crude Oil WTI has not engulfed yesterday red candle but is gaining 3.81%. Rally also for Natural gas, with a +3.75%.
In the FX market the British Pound is the strongest currency today, with GBP/USD up 0.78% at 1.2603. EUR/USD gaining 0.42% regaining area 1.08.
