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A word to readers about quick news updates tomorrow and on Friday
The Asian and European markets will be open as normal tomorrow (Thanks Giving Day), so there will be the usual coverage here, until such time as it becomes apartment that the European markets are winding right down, with no US markets open. The same will apply on Friday too, but it is likely that trading volumes will be low on both days and perhaps even more so on Friday afternoon, with low US participation levels and an early close for most markets there ahead of the weekend. Meantime, the mini surge in the dollar seems to have blown out for the time being and once again the USD/JPY is the pied piper in that regard, as it stalls ahead of the next, important resistance level at 149.53. The high seen earlier was set at 149.47. It is just now trading at 149.27
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
