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Since the last update here earlier this morning, oil prices have lifted a bit more and now Brent crude has taken out the $84 handle. The gains so far has stalled short of $84.25, but the move may not be over with yet. The move above $84 seems to suggest; that any residual offers there have clearly been removed and now it remains to be seen just how far it might extend this run. Brent for July delivery is currently trading at $84.22
As noted a couple of times this week, there will be no Quick News updates next week. That is due to absence. However, there are some important events...
As the US stock markets reopen, gold has lurched higher. Earlier it was probing levels above $2,390 and then it took out the previous high just above...
On Wednesday when the EUR/USD lifted above a noted down trend line support, the move extended to a high at 1.0869. That was all driven by the latest...
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