Yesterday there was joy on the stock markets around the world with clear gains. This is because most indications are that an American budget deal is in the offing.
Even today, pre-trade data from IG Markets, among others, indicates that the Stockholm Stock Exchange will open with rising indices.
However, prices turned lower in Asian trading overnight. And ahead of the opening on Wall Street later this afternoon, futures trading points to a slightly falling index.
The oil price has fallen back. A barrel of North Sea oil costs $63.70 this morning.
