A stimulus package could arrive before the US presidential elections
The US
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.
Snap’s Q3 earnings also boosted the markets. USA30 rose 0.07%, while USA500 gained 0.35%. TECH100 closed up 0.32%.
Crude Oil closed at $40.03 per barrel after it lost 4%. Brent was down 3.4% to $41.73.
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.
Europe
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.
Germany30 traded 0.3% lower, while France40 fell 0.2%. UK100 closed 0.4% lower.
EUR/USD closed at 1.1854 after it gained 0.3%.
Sources: reuters.com, investing.com
Esta información está preparada para su circulación general. No se refiere a ningún objetivo de inversión específico, situación financiera o necesidad particular de un receptor.
Debería evaluar independientemente cada producto financiero y considerar la idoneidad de dicho producto, teniendo en cuenta sus objetivos de inversión específicos, la situación financiera o las necesidades particulares, y consultar con un asesor financiero independiente si fuera necesario, antes de operar con los productos financieros mencionados en este documento.
Esta información no debe ser publicada, estar en circulación, reproducida o distribuida en su totalidad o en parte a ninguna persona sin el consentimiento previo por escrito de la Compañía.
El rendimiento pasado no es siempre indicativo de las probabilidades o del rendimiento futuro. Todos los puntos de vista y opiniones presentados son exclusivamente del autor y no representan necesariamente las de za.capex.com
