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 hits session lows as dollar edges higher
The dollar is now coming off its earlier lows versus Europe and the rebound above 147 earlier this morning seems to be holding fast. Meanwhile, US...
Earlier this morning the weak Yen dynamic continued to play out. The USD/JPY rose above 149 for the first time this year and posted a new year to date high at 149.19. However, it has fallen back below 149 now following comments from the Japanese finance minister, Shunichi Suzuki who has said the MOF is watching closely the level of the dollar, with great urgency. That has delivered a drop back in the US currency and forced some short term profit-taking for sure. The price is just now edging off that low and it remains to be seen if these latest Jaw-boning comments will have more than a passing impact. The USD/JPY is just now trading at 148.86