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Earlier today an update noted how Brent crude for October delivery had repeatedly failed to make a move above $68 per barrel. Well, subsequent to that update, Brent crude has now risen above $68, peaking so far at just above $68.20. There has been no news based catalyst for the move and it could just be that system buyers have jumped in on the break above $68.00. The question as to whether it will extend further remains open. Brent crude for October delivery is just now trading at $68.15
The US October flash PMI readings for services, manufacturing and the composite between the two have just been released. We noted earlier, how the...
The US October flash PMI readings for services, manufacturing and the composite between the two have just been released. We noted earlier, how the...
Just ahead of the noted US PMI data due shortly the US stock markets have reopened and it has not not been a very good start to the day. All three...
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