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As just mentioned in the previous update, all the major US stock market indexes posted modestly lower closes last night. The worst performing index there was the Nasdaq 100. The index handed back 0.36% by the close. Overnight the Asian markets have been mixed, with gains in Japan offset by losses in Hong Kong and mainland China. However, that has not adversely impacted the US futures and right now those are all pointing to a higher opening later today. The Nasdaq 100 closed yesterday at 18,210, with a loss of 66 points on the session. It is right now priced to reopen 18,290
Earlier today the European stock markets were on the front foot and that saw a new all time high for the DAX, at 20,522. That record helped to lift...
As covered in earlier updates here, the combination of higher US yields and a firmer USD/JPY did push gold below a technical support level, in place...
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