Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Oil stocks lift FTSE 100 in early trading
As the European stock markets reopen it has been a very positive start across all the European markets this morning. The oil price is just now rebounding a bit too and that is helping to lift oil stocks here in Europe and of course that has impact the FTSE 100 in a positive way in early trade, with the likes of Shell and BP on the rise right now. That has helped to propel the FTSE 100 to around 8,250 in early trading, but it remains to be seen if these early gains will be sustained as the session unfolds. The DAX is also rising, towards 18,700 in early trading and we have some quite important German final manufacturing PMI data out this morning too. That is expected to come in with a higher revision for May and that might have an impact when the data hits the screens at 7.55am GMT. We also have similar data from Spain, Italy, France and the UK
Market News
All News-
EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
-
Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
