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European stock losses deepen- CAC below 7,600 now
The losses across all the major European stock market indexes have now deepened and that means the FTSE 100 is approaching the 8,200 handle again and the DAX has now traded to just below 18,100. At the same time the CAC 40 has extended its downside move to below 7,600. So, in pure percentage terms it is the CAC that continues to lead the way lower and the fall below 7,617 this morning means the index is now trading back underneath its 200 day moving averages for the first time Monday. The CAC 40 is trading right now at 7,590
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S+P 500 back above 5,700 this afternoon
At one point earlier today when the S+P 500 futures were pricing an opening close to 5,625, it seemed unlikely they might push back above 5,700 this... -
US stocks kick off in the red but opening losses pared- check out the Nasdaq 100 now
The US stock markets have not long ago opened for live trading and it has been an across the board lower start to the new trading session. The dollar... -
EUR/USD under pressure again
The two aforementioned US data releases have now come out and in dollar reaction terms they were broadly positive, especially the Philadelphia Fed...
