We will talk about Global markets Today. In this article, we will talk about Oil Prices jumping and investors shuning stocks. World markets today: Crude oil prices jumped, gold and the US dollar gained as investors around the global markets shunned riskier assets like stock. This news is getting circulated on the web and gaining the attention of the people. This news has raised several questions in the minds of the people. People are hitting the search engine to gain all the details about the news. What happened? What is the entire matter? We will try to cover all the details about the news. Let’s continue the article.
According to the report, Oil prices increased around 5% because of less supply Brent crude futures were as high as $89 per barrel and US crude futures topped $87 a barrel. On Well Steet, the US stock indices reversed earlier losses on the day of Monday. If we talk about the increased percentages let us tell you The Dow Jones Industrial Average gains 192.12 points, or 0.58% at 33,599.7. In exact, 27.9 0.65%, at 4,336.4 points were gained from the S&P 500. Several things remain to tell you about the news, which you will find in the next section of the article.
On the basis of the report, In the US, the bond market was closed on the day of Monday for Columbus Day. Now come to the currencies so let us tell you the US dollar got down at 148.48 Japanese yen from 149.35. The euro got down $1.0566 from $1.0593. Let’s come to all the currencies one by one. Firstly we want to tell you about Europe currency. European stocks slipped on Monday due to Mideast military clashes. The pan-European STOXX 600 index edged 0.3% lower, which is led by retailer and travel & leisure stocks.
Europe jumped 2.9% on rising oil prices. Britain’s FTSE 100 closed flat at 7,492.21. If we talk about Asia, in Asia Stock Markets, Hong Kong’s Hang Seng index increased by 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 the holiday. New Zealand’s benchmark S&P/NZX 50 index got down by around 0.7% at 11,205.06. Australia’s S&P/ASX 200 index gain rose 0.2% at 6,970.20. People are also trying to know about Bullion so let us tell you Gold for December delivery gained $19.10 at $1,864.30 an ounce. We have shared all the details about the news, which we have fetched from other sources to make this article for the readers. If we get any further details we will tell you first at the same site. Stay tuned for more updates.