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Brent crude extends losses to below $76
Since an earlier update here today noted the further fall in oil prices, Brent crude has continued to push lower and not that long ago it fell below $76 per barrel. The move lower has so far extended to $75.38. The reason for this remains as it was earlier and that is a lack of any further risk based news emanating out of the Middle East. So, in the absence of such the oil markets are pushing the downside. However, as stated twice already today, this could soon change, but without that dynamic news based support, the markets continue to test the downside. Brent for December delivery is just now trading at $75.58
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
