Many US markets are not open today due to it being Veterans Day, but the US stock markets are trading as usual and they have all just this minute reopened. The Dow Jones futures were leading the gains ahead of the opening and the Index has just this minut

Since the last update here covering the price action in oil markets, Brent crude has fallen to below $72 per barrel a short while ago. The low seen was just set at $71.93. That further drop continues to endorse what was covered here earlier today and last week for that matter too. Brent is just off the session lows now, but it remains to be seen, in absence of any fresh news, just how much further it might rebound before another wave of sellers step in again. Brent for January delivery is currently trading at $72.10