TraderWise

After hitting a six-week high on Monday, markets tumbled in early trading as investors paused to take a closer look at recent data. Both the euro and sterling fell against the dollar and oil, despite rallying earlier in the day, was off by 2 percent by day’s end.

On Monday, oil touched $82 a barrel for the first time in two months, but slid to $80.22 as analysis showed that US crude inventories continue to grow.