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Yesterday Gold closed at $2,719.85, which was a technically negative close, but perhaps not seriously so. Today the metal has rebounded from an earlier Asian low at $2,719.08 to a high at $2,736.02. That rebound has come amid yet more fall out across the US bond markets and an earlier move above 151 in the USD/JPY. To be honest that doe not really make sense and perhaps something will give later on? If it does not then perhaps it will tell us something about the underlying demand for the metal at the moment. Gold is currently trading at $2,732.80
The price action across the major European stock markets has seen all three major indexes crumble even more. All of them are now deeper in the red and...
Yesterday the Nasdaq 100 closed at 20,227. The index has just this minutes officially reopened at 20,571 and that is a new record start for the index...
Earlier today the Dow Jones was priced to potentially reopen above 43,600. As noted earlier the record for the index before today stood at 43,325...
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