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Dollar index (USDX) eyeing 103.00 this morning
The noted gains in the US dollar this morning has helped the USD index (USDX), build on the modest rebound seen yesterday and now the index is approaching the 103 handle. It has been a hard fought battle in recent days, but as you can see right now the US currency is on the front foot this morning. The rise in US yields is a key factor behind these fresh gains and so is the downside seen in the global equity markets too. In fact, since my last update here on stocks, the outlook has deteriorated and now the Dow Jones futures have fallen further into the red and that is adding more weight behind the gains in the dollar
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Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
