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Brent rebound extends to above $81
An update here earlier today noted the potential basing out in the January Brent contract below $80 per barrel. Well, since then Brent has made some further progress and now risen above $81. The rise has extended to around $81.20 a short while ago. The move higher has come as the European stock markets rise from earlier session lows and the oil markets once again evaluate the risks of not short-covering ahead of a weekend. Of course this all about escalation in the Middle East, should that occur over a weekend when markets are closed. Brent for January delivery is currently trading at $81.08
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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...
