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Brent crude eventually makes a move beyond $68
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
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Mixed German IFO index leaves the DAX none the wiser
The June German IFO- Business climate index has now been released. We noted earlier how the markets were expecting a slight improvement on the prior...
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A new 2026 low for the EUR/USD as DAX balks at a higher opening
In the previous update we noted how the DAX futures were pointing to a slightly higher opening above 24,900. Well, that is not how it played out...
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A new 2026 low for the EUR/USD as DAX balks at a higher opening
In the previous update we noted how the DAX futures were pointing to a slightly higher opening above 24,900. Well, that is not how it played out...