We will talk about global markets today. In this article, we will talk about rising oil prices and investors’ rejection of stocks. World markets today: Crude oil prices rose, gold and the US dollar gained as investors in global markets shunned riskier assets like stocks. This news is circulating on the web and attracting people’s attention. This news has raised several questions in people’s minds. People turn to the search engine to get all the details about the news. What happened? What’s the whole deal? We will try to cover all the details about the news. We continue the article.
According to the report, oil prices increased by around 5% due to lower supply. Brent crude oil futures hit $89 a barrel and US crude futures topped $87 a barrel. On Well Street, US stock indices on Monday reversed earlier losses. If we talk about the increase in percentages, let us tell you that the Dow Jones Industrial Average gains 192.12 points, or 0.58%, to 33,599.7. Specifically, the S&P 500 gained 27.9%, 0.65%, that is, 4,336.4 points. There are still several things to tell about current events, which you will find in the next section of the article.
According to the report, in the US the bond market was closed on Monday for Columbus Day. Now let’s move on to currencies, so let us tell you that the US dollar is down to 148.48 Japanese Yen from 149.35. The euro fell $1.0566 from $1.0593. Let’s go to all the coins one by one. First of all we want to talk to you about the European currency. European stocks fell on Monday due to military clashes in the Middle East. The pan-European STOXX 600 index fell 0.3%, led by retail and travel and leisure stocks.
Europe jumped 2.9% due to rising oil prices. Britain’s FTSE 100 closed flat at 7,492.21. Speaking of Asia, on the Asian Stock Exchanges, the Hong Kong Hang Seng Index rose 0.2% to 17,517.40. China’s Shanghai Composite is down 0.4% at 3,096.92. Japan was not open, it was closed for holidays. New Zealand’s benchmark S&P/NZX 50 index fell about 0.7% to 11,205.06. Australia’s S&P/ASX 200 index gained 0.2% to 6,970.20. People are also trying to get information on bullion, so let us tell you that gold for December delivery gained $19.10 to $1,864.30 an ounce. We have shared all the details about the news, which we have obtained from other sources to write this article for the readers. If we get more details, we will inform you first on the same site. Stay tuned for more updates.
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Source: vtt.edu.vn