US stocks open lower- Dow Jones drops back closer 36k
The US stock markets have just reopened and it has been a negative start to the session. That might change as the afternoon unfolds and as already...
Nasdaq 100 futures still in the red as ISM awaits
The US stock markets will soon reopen for live trade and ahead of that opening the Nasdaq 100 futures are still in the red this afternoon. Even after...
Brent reverses direction again as it now slides to fresh interim lows
Since rebounding back above $79 per barrel, the price of Brent crude has been falling back steadily over the past hour. That fall has now taken out...
Gold has just now fallen to fresh session lows, as it approaches $1,960 per ounce. The drop has come as US yields edge a little higher and there is further evidence of stale longs being forced to bale out. The low seen so far has just now been set at $1,960.95 and the reader is again reminded of the potential for a test of the current 21 day moving average to be put to the test. That level was highlighted here earlier this morning and comes into play at just above $1,956. Once again, the emphasis here is not to say that gold will definitely reach this level, but more to point out where it is and how the price action is moving in that direction again just now. Gold is currently trading $1,961.45