$Oil Lower, $NASDAQ New High

January 9, 2017 8:13 pm / Published in Brent, Brexit, Oil
Record Iraqi crude exports and rising U.S. output added to oversupply concerns, dragging oil lower. Energy and financial stocks weighed on the Dow and the S&P500, while the Nasdaq was boosted by healthcare stocks. Treasury yields slipped following revival of fears of a “hard-Brexit”

$USD steadies against other major currencies

December 9, 2015 10:30 am / Published in Brent, China, SPX, USD
The U.S. Commerce Department releases wholesale figures for October. The wholesale inventories are forecast to have gained 0.1 percent after adding 0.5 percent in September. Sales at wholesalers are also expected to have risen 0.4 percent in October Spreadbetters see European shares opening touch higher Dollar steadies against other major currencies Brent gets respite after