Earlier today all three major US stock market indexes opened higher. The Dow Jones commenced live trade at 34,575 (previous close 34,517) and it has not really looked back, rising to as high as 34,776 a short while ago. Meanwhile, the Nasdaq 100 which also opened higher, at 15,225 (previous close 15,191) has been more cautious it would seem. The index only managed to make it to 15,245 so far and it has been falling for most of the session since, setting a low earlier at 15,147. It is off that low now, but tech is still underperforming the stocks in the Dow and the broader market. This might all change when we get the Fed decision, but for the time being the Nasdaq 100 is just now almost unchanged on the day
GBP/USD holds 1.2604 at the first time of asking
The European stock markets are up and running now and it has been a slightly more positive start to the day than looked likely a short while ago. That...
EUR/USD flirting with 1.08 again
Since an earlier update here noted the rejection of a break below 1.08 in the EUR/USD yesterday, the price has fallen back close to that level once...
FTSE 100 still choking on banking stocks
Last week the UK government announced it plans to sell all its remaining holdings of Nat West (RBS group) and that has seen the share price rebound...