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Since the previous update looked at the DAX slipping just below the 23,400 handle after earlier stalling at 23,502, the index has now fallen further and a moment ago it was trading below 23,300. Even the FTSE 100 is falling back closer to 8,800 and the catalyst for this seems to come from further headlines emanating out of the Middle East. Fighting talk from the Iranian supreme leader is the core of that and it has rather unnerved the markets. So, all the US futures are falling back now and all but the Nasdaq 100 futures are in the red right now and even the Nasdaq 100 is at risk of pricing a lower opening just now. The broadest measure of the US markets- the S+P 500 is now pricing an opening around 5,980, where it was earlier holding ground above 6k.
Updates here yesterday noted how the dollar has gotten an immediate boost from all the better than forecast US data released in the afternoon. Well...
Yesterday afternoon oil prices recovered their morning lows and that saw Brent crude for September delivery rebound from a session low close to $68.25...
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