Top daily news
Global stocks rebound continues currently ahead of first US presidential debate today after a bullish run on Monday led by energy shares. Risk on sentiment was boosted by House Speaker Pelosi’s weekend comment that a deal on new aid can be achieved. Apple advanced 2.38%, outperforming market, while Facebook shares added 0.78%, underperforming.
Forex news
| Currency Pair | Change |
| EUR USD | +0.05% |
| GBP USD | +0.2% |
| USD JPY | +0.07% |
The Dollar weakening is intact currently . The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, lost 0.4% Monday as Cleveland Federal Reserve Bank President Loretta Mester warned that the US economy remained “fragile”. Both EUR/USD and GBP/USD reversed their sliding Monday with both pairs higher currently. Both
AUD/USD and
USD/JPY reversed their retreating yesterday with Australian dollar higher against the greenback currently while yen retracing lower.
Stock Market news
| Indices | Change |
| Dow Jones Index | +0.7% |
| Nikkei Index | +0.12% |
| Hang Seng Index | -0.89% |
Futures on three main US stock indexes are up currently ahead of Federal Open Market Committee members Clarida’s, Quarle’s and William’s speeches starting at 19:40 CET today. US main stock benchmarks ended solidly higher Monday recording gains ranging from 1.5% to 1.9%.
European stock indexes are edging higher currently after a rally yesterday led by banking shares. Asian indexes are mixed today with
Hong Kong’s Heng Seng Index leading the losses.
Commodity Market news
| Commodities | Change |
| Brent Crude Oil | -0.59% |
| WTI Crude | -0.77% |
Brent is edging down today. Oil prices ended higher on Monday after reports oil firms in Norway plan to close down 22% of the country’s oil-and-gas output, or 900,000 barrels of oil equivalent per day, if oil workers go on strike Wednesday. The US oil benchmark
West Texas Intermediate (WTI) for October climbed 0.9% Monday but is down currently.
November Brent crude rose 1.2% to $42.43 a barrel on Monday.
Gold Market News
Gold prices are extending gains today. December gold added 0.1% to $1882.30 an ounce on Monday.
