Dollar Steady ahead of key U.S. data

According to Reuters the Russian stocks tumble again after new sanctions.

The world stock markets were little changed on Monday, while the U.S. traded mostly flat against a basket of major currencies ahead of key economic reports and events this week.

Investors and traders were hesitant to make bold moves on concerns over new European sanctions against Moscow and ahead of Wednesday´s release of US second-quarter gross domestic product.

Wall Street ended flat as the latest deal news offset losses following soft data on the housing market and services sector.

The market may also be hitting resistance with Dow Jones industrial average sitting just below 17.000 and the S&P 500 near 2.000.

29.7.14 02:27

Letzte Einträge: Reach us by mail or skype, EU and U.S. announce new sanctions on Russia over Ukraine, Boomerang Effect: Sanctions on Russia Hit German Economy Hard

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