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European stocks handing it back now-check out the CAC 40
As the US stock markets rather flatter to deceive in early trading it is definitely worth casting an eye over at the European action. The DAX has clearly rejected all earlier attempts to re-establish itself above 22,500 and since backed off below 22,350. The FTSE 100 never really got going either and was always lagging right from the opening today. However, the one index that really sticks out just now is the CAC 40. Earlier today the CAC 40 was on the rebound, when it came to early major European stock market gains. That saw it climb to 8,150, after reopening at 8,138. Well, it has now fallen sharply back underneath 8,100 and it is right now on session lows, approaching 8,075
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
