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The US stock markets are just now reopening and whilst it is a higher opening across the pond for all the major indexes, it is certainly not as high as it might have otherwise been. At the same time the denial from Trump has sent all the European stock markets immediately lower. The DAX was earlier probing a possible rise above 20,200. The denial from Trump has seen it drop back close the 20k handle a few moments ago. Trading remains very volatile though and that covers the US stock markets too in early trading. It sure is lively out there folks, so please be fully aware of how an entirely headline driven market can very quickly alter its vista. The same applies to the major FX pairs and the dollar right now too.
As the morning has unfolded the gains seen across the US equity futures have now dissipated somewhat. All three indexes are still pricing a higher...
Since the last update here noted the lack of immediate reaction in the dollar to the much better than forecast NFIB index, the dollar has now lifted...
The December reading of the US NFIB small business optimism index has just been released. The markets were generally expecting another positive...
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