A stimulus package could arrive before the US presidential elections
The benchmarks closed higher after House Speaker Nancy Pelosi announced that the Democrats and the Republicans are starting to see eye to eye regarding the new stimulus package.
Gold rose 0.4% to $1,929.50 per ounce.
The Dollar Index lost 0.5% to settle at 92.46 – a seven-week low.
Asia and Australia
Japan225 gained 0.48% after the US markets showed optimism about the new stimulus package.
HongKong45 closed 0.52% higher as the social distancing measures have been eased.
Down under, Australia200 inched up 0.10% after key economic data showed an 0.2% increase in retail sales figures.
The second wave of COVID-19 infections made various countries take measures to tackle the spreading process.
France imposed new curfews, while the UK has Manchester under "tier 3" lockdown.
The positive Q3 earnings from Ericsson didn't boost the markets.
EUR/USD closed at 1.1854 after it gained 0.3%.
Sources: reuters.com, investing.com
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