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US stocks soon turn red after opening- check out the Nasdaq 100
Well, the writing was on the wall earlier this afternoon and now live US equity trading has resumed, all three major indexes have slipped into the red. The fact that US treasury yields are now higher is not helping the cause either. The Nasdaq 100 has now fallen below 16,200 as shares in Oracle come under pressure and the whole tech sector has a re-think on recent gains. The Dow Jones is back below 36,400 as I write too.The dollar, which is now rising further is adding some downside pressure as well
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EUR/USD edges back towards 1.15 as USD/JPY recoils
Just ahead of the European stock market opening, the dollar is making something of a rebound. That has been led by the USD/JPY rising back above 140...
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Gold nails $3,500 and backs off again
Since the last update here, gold pushed higher again and that push saw it reach another milestone. Gold touched $3,500 for the first time ever... -
DAX set to open lower this morning but it could have been worse
The DAX last closed on Thursday and back then it was a lower daily close, at 21,205. Well, at one point yesterday the DAX futures were pricing the...
