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The US stock markets have just reopened and it has been a positive start to the day, in contrast to what looked possible much earlier this morning. The Dow Jones has opened higher and so have the S+P 500 and Nasdaq 100 indexes. Earlier the Nasdaq 100 future was being forced lower by losses in the grey market price of NVDA. Well, that grey market price has since rebounded markedly and now NVDA has set a new all time towards 149 on the opening and taken the Nasdaq 100 higher with it. Of course that is always going to be the case, given the huge market cap of this stock. So, earlier today the Nasdaq 100 was priced to open as low as 20,500. The index had closed last night at 20,667. It has just reopened at 20,775 and lifted to a high seen so far at 20,814. The index is currently trading at 20,757
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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