Oil eases but market remains confident... Mexican peso jumps following debate...
Oil eases but market remains confident
Oil prices have slipped 1 per cent so far Thursday but the underlying tone for the market is positive. Gold prices have also held steady. Equity markets are trending higher with analysts digesting the latest US Presidential Debate and current market conditions.
Asian indexes closed mostly higher. Shanghai and Sydney were relatively flat, the latter impacted by weaker-than-expected employment data.
European markets are awaiting key decisions from the ECB including interest rates, currently at zero per cent and widely expected to be held steady. Analysts are anticipating new European Central Bank stimulus by the end of the year.
Wall Street and Toronto are expected to open higher.
Mexican peso jumps following debate
The Mexican peso reached a 6-week high overnight following the US Presidential Debate. The final battle between Trump and Clinton appears to be called as a Clinton win, boosting sentiment for cautious Mexican investors.
“With the polls so heavily in Clinton’s favor, markets are priced for her victory,” Sean Callow, a senior strategist at Westpac Banking Corp. in Sydney told Bloomberg.
Oil prices have slipped 1 per cent so far Thursday but the underlying tone for the market is positive. Gold prices have also held steady. Equity markets are trending higher with analysts digesting the latest US Presidential Debate and current market conditions.
Asian indexes closed mostly higher. Shanghai and Sydney were relatively flat, the latter impacted by weaker-than-expected employment data.
European markets are awaiting key decisions from the ECB including interest rates, currently at zero per cent and widely expected to be held steady. Analysts are anticipating new European Central Bank stimulus by the end of the year.
Wall Street and Toronto are expected to open higher.
| Latest | 1 month ago | 1 year ago | |
| North America (previous session) |
|||
| US Dow Jones | 18,202.62 (+022 per cent) | +0.40 per cent | +5.72 per cent |
| TSX Composite | 14,840.49 (+0.60 per cent) | +2.19 per cent | +7.21 per cent |
| Europe (at 4.30am ET) |
|||
| UK FTSE | 7,011.82 (-0.14 per cent) | +2.65 per cent | +10.50 per cent |
| German DAX | 10,669.81 (+0.23 per cent) | +2.65 per cent | +5.15 per cent |
| Asia (at close) |
|||
| China CSI 300 | 3,318.60 (+0.07 per cent) | +1.88 per cent | -7.24 per cent |
| Japan Nikkei | 17,235.50 (+1.39 per cent) | +4.51 per cent | -5.34 per cent |
| Other Data (at 2.30am ET) |
|||
| Oil (Brent) | Oil (WTI) | Gold | Can. Dollar |
| 52.12 (-1.04 per cent) |
50.99 (-1.18 per cent) |
1269.80 (-0.01 per cent) |
U$0.7591 |
| Aus. Dollar |
|||
| U$0.7661 | |||
Mexican peso jumps following debate
The Mexican peso reached a 6-week high overnight following the US Presidential Debate. The final battle between Trump and Clinton appears to be called as a Clinton win, boosting sentiment for cautious Mexican investors.
“With the polls so heavily in Clinton’s favor, markets are priced for her victory,” Sean Callow, a senior strategist at Westpac Banking Corp. in Sydney told Bloomberg.
