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The European stock markets are just now drawing to a close and it has been a positive run into that close for the major indexes. That has seen the FTSE 100 close near 8,550 and the CAC 40 post something close to 7,775. The DAX has just set a first ever close above 21k. The Index narrowly avoided that yesterday, but it certainly has not today. The push higher across the European markets comes as the US markets continue to press higher too, led by gains in the Dow Jones, rising above 43,900 just now. The gains in stocks is undermining the dollar some more and the GBP/USD is back above the 1.23 handle, as the EUR/USD lifts to an afternoon high at 1.0418. The DAX has just closed around 21,040. A more exact closing level will follow tomorrow
Owing to technical issues there will be no further updates this afternoon. It is hoped that Quick News coverage will resume when the Amazon results...
Earlier today an update here noted the EUR/GBP was most definitely in play today and as you can see that is very much the case. So, as the GBP/USD has...
The Bank of England (BOE) has just announced the outcome of its monetary policy decision. The overwhelming general consensus was for a cut of 0.25%...
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