fbpx

Beware of fraudulent websites impersonating us. Verify website URLs and legal entity details. Avoid unsolicited emails and report suspicious activity.
Your safety is paramount. Thank you for your attention and cooperation. See more details​


10/10/
2023

Today’s Announcements & News

Asia

Asia-Pacific markets had a mixed start to the week, with Chinese markets returning from a week-long Golden Week holiday. Upcoming events to watch include inflation and trade data from China and India, as well as a monetary policy decision from Singapore’s central bank.

Japan and South Korea’s markets were closed for a holiday. In Australia, the S&P/ASX 200 reversed a five-day losing streak, closing up 0.23%. Hong Kong’s Hang Seng index initially had a delayed start due to a typhoon warning but later fell 0.04%. Mainland Chinese markets, represented by the CSI 300 index, weakened, closing down about 0.13%.

US

Stocks showed resilience on Monday as they rebounded from earlier losses driven by concerns surrounding the Israel-Hamas conflict. The Dow Jones Industrial Average rose by 0.5%, the S&P 500 gained nearly 0.6%, and the Nasdaq Composite added 0.4%. Despite a dip earlier in the day, the market staged a comeback from its session lows.

Commodity

Gold prices surged to a one-week high on Monday due to the military conflict between Israeli forces and Hamas, causing political unrest in the Middle East and increasing the appeal of gold as a safe-haven asset. The ongoing conflict raised concerns about geopolitical instability.

Spot gold reached $1,853.20 per ounce, marking a 1.1% increase and its highest level since September 29. U.S. gold futures settled 1% higher at $1,864.30 per ounce.

Meanwhile, oil prices also saw a significant rise of over 4% as the Israel-Hamas conflict continued into its third day, with Hamas launching a surprise attack on Israel. Brent crude settled 4.2% higher at $88.15 a barrel, and U.S. West Texas Intermediate gained 4.3% to reach $86.38 per barrel.

The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.

FPG LIVE SUPPORT

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.