FXstreet.com (Barcelona) - Wall Street has opened its Thursday session on a narrow range between gains and losses as market took 10.0% J.P. Morgan earning declines slightly unabashed.
Dow Jones are falling 0.68%, as well as S&P 500, 0.35% decline. On the other hand, Nasdaq 500 is rising 0.64% on the day.
In the European side of the Atlantic, Eurostoxx 50 rises 1.15%, CAC 40 climb up 1.22%, DAX is 0.91% higher, AEX advances 0.55% and the IBEX 35 go up 1.68% on the day.
US data leaves us with the first drop in initial jobless claims since December 2008, 610k in the April 11 against 663 in the previous week. Housing market continues weakness but the Philadelphia Fed manufacturing survey has improved slighly to -24.4 in April from -35.0 in March.
As Jamie Coleman says in his recent post in Forexlive.com: It's always sunny in Philadelphia: Philly fed jumps: The Philly Fed survey rebounded strongly in March, to -24.4 from 35.0 in March. Like many anecdotes, it looks like the pace of economic decline is slowing, Hey, it's a start.
Canadian manufacturing Shipments are rising 2,2% in February, below 3.3% increases expected but well above 5.4% declines posted previous month.
USD/CHF has risen 0.42% along the day to the currently 1.1475. USD/JPY is firm above 99.00 level. EUR/USD is trading just below 1.3200 level and the GBP/USD is trading around 1.4890/1.4900 after falling 0.70% along the day.
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