Oil prices have taken off to the topside as the government reported a drawdown of 8.3 mln barrels of crude in the latest weekly data. Cruse is back above $70, now at $70.75 up 1.55.
EUR/USD is soaring as well with the market caught out as US share prices reversed the losses imported from China earlier today.
Traders blame big buying by the Saudis for the latest sprint to the topside. We reached 1.4228!
