Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
DAX continues to lose ground as Oil rises further
As the US stock market losses broaden somewhat and the Nasdaq 100 now turns negative, forcing the S+P 500 lower with it, we note how the European markets have been faring and it is not good. The FTSE 100 has fallen further and now traded below 10,675 and the DAX is close to session lows too.
The index has now fallen close to 25,500 and that means it is getting on for 500 points in the red today, given where it closed yesterday, at 26,007. Once again we point to the oil markets as providing further pressure, because Brent crude is just now hitting fresh session highs around $101.45. The DAX is right now at 25,525
Market News
All News-
US yields rise following Treasury buy back operation- Gold falls again
A few moments ago the US Treasury announced a buy back of $6 billion in the 10-20 years notes and that was more than a figure of around $4 billion...
-
DAX continues to lose ground as Oil rises further
As the US stock market losses broaden somewhat and the Nasdaq 100 now turns negative, forcing the S+P 500 lower with it, we note how the European...
-
USD/JPY falling back towards 153 again
We noted earlier how the USD/JPY had managed to rebound back towards 153.75. Well, since then and for the past few hours it has been tracking lower...