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The FTSE 100 has traded below 8,240 this morning and so it is firmly in the red now, even as the DAX and the CAC remain in positive territory. At the same time the US futures are a little firmer as well and so, as you can see the FTSE is the outlier today, in a negative way for a change. That is despite the oil price continue to push higher. Earlier the price of December Brent came to within a whisker of the $79 per barrel marker. The reason for the FTSE underperforming is actually quite broad-based with a number of leading names in the red so far today and right now only BP seems to be making any progress amongst the leading oil stock components. The FTSE 100 is currently trading at 8,244
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...
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...
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