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In the past few minutes oil prices have been knocked lower and that has seen Brent crude for November delivery fall below the $105 handle for the first time today. It is now falling back towards $104.50 as we write. There does not appear to be a news based catalyst for the relapse. Trading in Brent remains incredibly volatile and sporadic and could easily change direction again very quickly. It is right now at $104.65
We shall come back later perhaps with the precise opening for the Dow Jones this afternoon, but suffice to say it was markedly higher and effectively...
Since the initial reaction higher in the USD/JPY which saw it jump immediately above 154.40, the dollar has since fallen back below the earlier lows...
The immediate reaction to the US CPI report was rapid and dramatic across a number of markets. We already covered the USD/JPY and Gold and now we look...
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