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FXstreet.com (Barcelona) - US equities are inching higher on Wednesday, as the increasing optimism amongst traders is ruling out any attempt of correction so far. The greenback, measured by the US Dollar Index, is suffering the investors’ preference for risk-associated assets, rapidly leaving behind the key support at 82.00 and now hovering over lows in the proximity of 81.80/5. DowJones is up 0.12%, followed by the Nasdaq and the S&P500, down 0.29% and 0.41%, respectively.
Bourses in Europe closed with gains, propped up by better-than-expected German industrial production and upbeat trade balance figures in China. The French benchmark led the winners advancing 0.83% ahead of the DAX, 0.83% and the IBEX35, 0.62%. Good day for the shared currency, climbing to the boundaries of the key resistance at 1.3200 on German and Chinese data, leaving behind last week’s ECB rate cut.
In the commodities sphere, the barrel of WTI is up 0.55% at $96.14 and the ounce troy of gold is following suit, gaining 1.75% at $1,474.
