(Reuters) - Global equity markets and the dollar fell on Wednesday as the U.S. government shutdown entered its second day and as data showed U.S. private employers added fewer jobs than expected last month.
Although equities rose on Tuesday on hopes the first partial shutdown of the U.S. government in 17 years would be short-lived, one...
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Daily Market Review- 2nd October 2013
Fundamental News
Today’s highlights:
• Spanish Unemployment Change (Spa: 08:00 GMT)
• Construction PMI (GB: 09:30 GMT)
• Interest Rate Decision (EU: 12:45 GMT)
• ADP Nonfarm Employment Change (U.S: 13:15 GMT)
• ECB Press Conference (EU: 13:30 GMT)
• FOMC Member Rosengren Speaks (U.S: 17:00 GMT)
• Fed Chairman Bernanke Speaks (U.S: 20:30 GMT)
The U.S. has begun using the final extraordinary measures to avoid breaching the nation’s debt limit,...
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Gold tumbles as investors watch Washington dysfunction
Gold futures are tumbling amid concerns about dysfunction in Washington and the government shutdown, while stocks and bonds seem to be largely ignoring it.
The dollar also fell, touching an eight-month low as buyers moved into euros and other currencies. Stocks were higher and bond prices were lower, with Treasury yields edging slightly higher.
Gold futures fell...
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Dollar bounces from 8-month low as U.S. data offsets government shutdown
(Reuters) - The dollar edged lower but rebounded from its lowest level in nearly eight months against a basket of currencies on Tuesday as data showing economic resilience assuaged fears about a historic U.S. government shutdown.
The greenback sharply pared losses in mid-morning New York trade after an industry report showed the U.S. manufacturing sector last...
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