David Waring

Bloomberg: European Stocks, U.S. Index Futures Gain; Asian Shares Retreat - European stocks rose, extending the Dow Jones Stoxx 600 Index's biggest rally since March, as travel companies climbed on lower oil and investors speculated the mortgage market will rebound. Futures on the Standard & Poor's 500 Index added 0.4 percent, while the MSCI Asia Pacific Index fell 2.1 percent.

Bloomberg: Crude Oil Falls After OPEC's Al-Naimi Says Market Is `Balanced' - Crude oil for October delivery fell as much as $2.11, or 2 percent, to $104.23 a barrel and traded at $105.05 at 11:50 a.m. London time, as Saudi Arabia's oil minister said supplies are sufficient to meet demand, raising speculation that OPEC will maintain production levels when it meets today.

CNNMoney: Dollar nears one-year high vs. euro - The 15-nation euro bought $1.4099 in morning European trading, down from $1.4106 late Monday in New York. In other currencies, the British pound rose somewhat to $1.7604 after bottoming out at $1.7470 earlier Monday, a 28-month low. The dollar also rose to ¥107.76 from ¥107.13.

Reuters: Gold fights to hold above $800, dollar weighs - Gold came under pressure on Tuesday, struggling to stay above $800 an ounce level due to a strong dollar, but robust physical demand capped losses.

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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.