Ready to Get Started?
Start here. Join 2.9M Libertex users around the world!
This time Brent makes a dynamic move higher
The reaction across the oil markets has this time not ignored the geopolitical news emerging from the Middle East. As you know Brent crude had a look below $70 earlier today. It has now lifted well above the $73 handle following the news from the US; that Iran is set to imminently attack Israel. This has delivered a surge of buying across all the oil market contracts and push December Brent to a high a short while ago, very close to the $74 (73.98 the high so far) per barrel handle. That is a rise of more than 5% from the bottom to the top today. Brent for December delivery is just now trading at $73.65
Market News
All News-
US stocks turn lower now- S+P 500 heads back towards 5,700
Well, as warned about here earlier this afternoon, there was no guarantee the higher opening for the US stock markets would be sustained and as you...
-
Dow Jones sligthly pares opening gains
As expected, all three major US stock market indexes opened higher today, buoyed by the positive news from the September jobs report. That more...
-
Pound upended again as dollar surges-GBP/USD tests technical support level
Following on from the previous update, noting the slide in the EUR/USD after the US jobs report, the Euro is not the only currency reeling under the...
