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US equities edge higher Friday after mixed US data

FXstreet.com (Lisbon) - The US stock market opened in the green Friday, marking a generally positive series of sessions leading up to the pivotal Fed meeting next week.

In the United States, Retail Sales (MoM) grew only +0.2% in August, missing expectations of +0.4%. In addition, the Producer Price Index (YoY) has climbed +1.4% in August, beating estimates of only +1.3%.

Beginning with the indices and composites, today the NASDAQ rose +0.22% as it settles in region of 3723.31, up +7.57 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1686.46, ascending +2.96 points or +0.18% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15336.97, presently +0.24% after a movement of +36.33 points.

Moving to commodities, the price of gold has settled at $1317.34 per oz., while silver is now negotiating a spot price of $21.83 per oz. Friday.

In terms of FX, the EUR/USD is now trading at 1.3294 (-0.05%), the USD/JPY has settled at 99.41 (-0.12%), the GBP/USD at 1.5863 (+0.36%), and the USD/CHF at 0.9315 (+0.06%).

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The USD/CAD barely reacted to the latest string of US data, which showed US retail sales grew less than expected in August and Canada capacity of utilization declined slightly in the Q2.
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