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The falls across the Asian stock markets, led by the Nikkei 225, are having an impact on the outlook for the European opening this morning. The DAX is not being helped by another set of poor German data released a short time ago. The January industrial orders fell by 11.3%, where a 6% decline was forecast. The DAX did manage to grind to a slightly higher close yesterday, gaining just 18 points, at 17,716. The index is set to open lower this morning, as US futures fall too. The current outlook suggest it will resume live trade at around 17,675
The US stock markets have been open for around 25 minutes and all the three major indexes opened lower this afternoon, as priced into the futures...
The rebound in Gold today has now extended by nearly $80 from the lows. The metal is now approaching the $3,200 handle. A moment ago it almost touched...
The USD/JPY was falling back after the US data drop, as covered in the previous couple of updates. It has just edged a little lower following comments...
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