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Earlier today we noted how the Dow Jones futures were potentially pricing the opening at, or just below the 52k handle. Well, since then we have already earlier noted how that opening vista has changed quite markedly, when we looked at the S+P 500 futures. So, right now the scene is even more positive for Dow Jones opening outlook. Brent crude just fell back close to the $105 handle a short while ago (based on fresh comments out Oman) and that seemed to boost the opening outlook further.
The Dow is still just about in the red in that respect, but it does not look like it will immediately threaten the 52k handle on the opening anymore. That said, we do know just how quickly this can change. The Dow Jones is currently priced to reopen around 52,340
Earlier today we noted how the DAX had traded as low as 25,172 earlier this morning and since then the index got a boost from the more than $3 relapse...
Two headlines in the past 10 minutes have shifted the oil markets again. The first came from news if a major Libyan oil field being forced to close...
Earlier today we noted how the Dow Jones futures were potentially pricing the opening at, or just below the 52k handle. Well, since then we have...
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