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investingLive European session wrap: Brent crude retakes $100 as dollar rises, yields climb and stocks slip

investinglive.com · 16hShare

Headlines: Oil slips below $100 as US-Iran talks put crude prices and Treasury yields at a crossroads The selloff in oil prices stalls as Trump pours cold water on expectations of an earlier end to the conflict Gold falls back to the major $4,300 support ahead of key US data as traders await new US-Iran developments USD/JPY holds above 157 despite BOJ rate hike; intervention risk refuses to disappear France PMI jumps back into expansion in September but inflation pressures complicate the ECB outlook Germany September flash manufacturing PMI 53.8 vs 54.0 expected Eurozone PMI jumps as services surge, price pressures keep ECB October rate hike in play UK September flash services PMI 51.7 vs 52.0 expected Market update: Brent crude +0.9% to $100.17 USD leads, JPY lags on the day Gold -1.3% to $4,300 10-year Treasury yields +1.3 bps to 4.98% European indices lower; S&P 500 futures -0.1% The session started with a bit of a calmer mood, as investors picked up from where they left off yesterd

First report: investingLive European session wrap: Oil extends fall, Bitcoin jumps to highest since January — investinglive.com, 2d