Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Yesterday Oil prices got hammered again. The falls in Brent, as covered here a few times, saw the price later slide to a low at around $76.80. The rebound that followed saw it climb back towards $78, but that level was not reclaimed ahead of the close, where Brent later settled, $0.84 lower on the NYMEX exchange, at $77.24. The price action seen so far today has seen it steady at lower levels, but for the most part it is far from reversing much of the losses seen so far this week, since the weekend OPEC+ decision sent a mixed message on output quotas for the coming year. The range seen so far today has been covered by $77.10 to $77.70. Brent is currently trading at $77.43
As just noted in the previous update, the push higher in oil prices was a supporting factor behind the gains seen in the FTSE 100 yesterday. So...
It was a close run thing yesterday, but come the European close the CAC 40 was marginally the best performing major European stock market index. The...
As expected and conveyed to you yesterday, the dollar index (USDX) did advance further once it surpassed the high seen on Monday, at 97.67. The push...
Start here. Join over 3M Libertex users around the world!