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Brent crude has a look below $72 (corrected)
Since the last update here covering the price action in oil markets, Brent crude has fallen to below $72 per barrel a short while ago. The low seen was just set at $71.93. That further drop continues to endorse what was covered here earlier today and last week for that matter too. Brent is just off the session lows now, but it remains to be seen, in absence of any fresh news, just how much further it might rebound before another wave of sellers step in again. Brent for January delivery is currently trading at $72.10
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Gold takes out first corrective target
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That whole raft of UK economic data has just hit the screens. The upshot of all that lot is slightly better on some and not so hot on others. The Q1...
