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Brent rebounds from below $85 in Asia today
Yesterday Brent for August delivery once again rejected a sustained move above $86 per barrel. That price level has been highlighted here for a while, as potential topping out level and so it was not exactly a surprise to see the price fall back from above that level once more. Brent later settled exactly $1 lower on the NYMEX exchange, at $85.01. The low seen after that settlement came ahead of the wider US market close, at $84.74. It has rebounded in Asian trading today though, rising to a high at $85.44, from an earlier low at $84.81. It is not far below that high just now. The reader is also reminded; that the August contract will expire tomorrow
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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...
