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Opening gains for US stocks turn sour in first 30 minutes of live trade-check out the S+P 500
The US stock markets have all now fallen back. So, the initial sea of green has now turned to a sea of red. The S+P 500 did test the 6,100 level after opening this afternoon at 6,083. The index traded to 6,101.28, but it has now turned quite sharply lower. Dropping back towards 6,050 in quite a hurry. The reason for this is unclear at this stage, but it did coincide with another slide in the USD/JPY. That fell back towards 151.25 and it seems a degree of risk aversion kicked in across the stock markets too. The USD/JPY is trying to bounce a little now, but as yet that is not the same of the S+P 500, currently trading around 6,058
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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...
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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...
