The world still expects a US stimulus package
Gold was up 0.1% at $1,903.55 per ounce.
The Dollar Index ended the day at 93.04 after it gained 0.3%.
Asia and Australia
The markets fell after the world reported new cases of #COVID-19 infections. The fact that the long-touted US #stimulus package could probably happen after the US elections added fuel to the fire. Japan225 eased 0.09%.
HongKong45 was shy of a 1% drop.
Down under, Australia200 shed 0.18%.
USD/JPY gained 0.18% to 104.88.
Italy40 fell 0.9% after new restrictions were imposed - bars and restaurants now function until 6 PM, while public gyms and cinemas close their doors to customers.
Sources: investing.com, reuters.com
This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent. Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of za.capex.com
JME Financial Services (Pty) Ltd trading as ZA.CAPEX.COM acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via ZA.CAPEX.COM, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15. Magnasale Trading Ltd is the principal to the CFD purchased by investors.