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CAC 40 is about to reopen following a daily close above 8k - can it advance further?
Yesterday the records seen in the FTSE 100 and the DAX helped to lift the CAC 40. The French index finally made a move back above 8k and that is the first time the index has recovered that level since the very beginning of June last year. The reader is reminded of the record set in the CAC last year ahead of the French election, at 8,259. The CAC 40 closed yesterday at 8,007, with a gain of 115 points on the day. The high seen prior to that close was set at 8,024. The index will reopen for live trading in a couple of minutes and it will be interesting to see, if it can build on that close above 8k yesterday. The index is just now priced to reopen around that level
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
