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The US stock markets have just reopened and immediately turned lower. The dovish comments earlier from Christopher Waller did help to temper the more negative reports prior to that concerning Trump and his planned tariffs, but if taken as his word, anything the President elect might have to say surely holds more water than Waller. As mentioned here earlier, it is going to be lively this afternoon and as you can see, the US markets have gotten off to a pretty lively start already. So, expect more sporadic and potentially headline driven moves as the session develops. Right now that is evolving in slightly red fashion in early trade and the Nasdaq 100 is the one index that seems to be bucking that slightly for the time being. The Dow Jones is leading the downside for now though, but not by very much in percentage terms yet
Further to the previous update nothing the rebound in the major Yen crosses, both the GBP/USD and the EUR/USD have just ratcheted higher again. The...
It certainly was a positive start to the final US equity trading session of the week. Of course that higher opening was well ordained by the charge...
Since the last update here on the Nasdaq 100 and the rise in the futures price, that has now advanced by around another 200 points. The Dow Jones and...
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