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Earlier today I noted the technically negative formation on the S+P 500 and Nasdaq 100 indexes on Friday and that still seems to be weighing on the opening outlook for later this afternoon. Please do not forget that the US stock markets will reopen one hour earlier today, at 1.30pm GMT. In advance of that opening, Since the European opening the Nasdaq 100 futures have fallen back further and are now closer to their earlier Asian lows. That was indicating a reopening close to 17,925. The index is right now priced to reopen at around 17,940
The US JOLTS- Job openings report and latest Nationwide US consumer confidence index have now been released. As noted earlier, the markets were...
A little earlier this afternoon gold fell back to set a fresh session low at $3,300.64. That low came after the metal had peaked much earlier today at...
Following on from the previous update looking at the fall back in the USD/JPY, the US stock markets have now reopened for live trade and it has been a...
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