The FTSE 100 was once again the positive outlier in terms of the major European stock market indexes on Friday. It was the only one to avoid a lower close, where once again the CAC 40 led those losses. The FTSE 100 only closed 5 points to the better though, ending the week at 7,683. Well, this morning it looks set to open lower as the DAX once again looks like reopening below its 200 day moving average. The lower GBP/USD and still relatively elevated oil price does not appear yet to be helping the outlook for the FTSE. It will shortly reopen and it will be interesting to see, if it can rebound on that opening shortly again or not. That opening is being currently priced at around 7,660
The important US number on the radar for the USD/JPY later today
The USD/JPY has now lifted from an earlier session low at 146.68. It is just now rising back above the 147 handle once more and this is clearly linked...
Brent lifts above $79 again on Kremlin comments
A short while ago some comments from the Kremlin on the oil markets emerged on the newswires. Oil prices were already rebounding ahead of these...
GBP/USD holds 1.2604 at the first time of asking
The European stock markets are up and running now and it has been a slightly more positive start to the day than looked likely a short while ago. That...