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The noted drop back in oil prices this morning has now extended a bit further and the price of February Brent is falling back close to $75.25. That has continued to weigh on the FTSE 100 since the opening this morning. That is why the index was highlighted here before live trading resumed and so far the index has underwhelmed. The drop in the FTSE 100 has come as the US stock futures remained camped modestly in the red and the DAX seems to be lacking traction so far too. Hence, that coupled with lower oil and the FTSE tendency, to always underperform when that which surrounds it does the same; the index has now fallen to session lows, underneath 7,520, as I conclude this update
The US stock markets have recently reopened and all three major indexes are turning lower in very early trading. That seems like a Harris based trade...
Please take a few moments to have a look at the chart of BTC since last week and since peaking at 73,563 on October 29 you will see the general price...
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