Asia Markets Rally, Europe Rises Amid UK's Mild Recovery, Gold Shines Near $1,900 - Global Markets Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
US stock markets closed in the green on Wednesday, with the majority of sectors in the S&P 500 ending positively. Asian markets also closed higher on Thursday, with Japan's Nikkei 225, Australia's S&P/ASX 200, China's Shanghai Composite, and Hong Kong's Hang Seng Index all seeing gains. European markets were also up, with the STOXX 600, Germany's DAX, France's CAC, and the UK's FTSE 100 all trading higher. Commodities were mixed, with crude oil and gold trading higher, but natural gas sliding. US futures were up, while the US Dollar Index was down.
October 12, 2023 | 11:05 am
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POSITIVE IMPACT
Gold, represented by GLD, was trading higher, which could lead to a positive short-term impact.
Gold was trading higher, which is generally a positive sign for the market and could lead to a short-term increase in the price of GLD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The S&P 500, represented by SPY, closed higher, which could lead to a positive short-term impact.
The S&P 500 closed higher, which is generally a positive sign for the market and could lead to a short-term increase in the price of SPY.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The US Dollar Index, represented by UUP, was down, which could lead to a negative short-term impact.
The US Dollar Index was down, which is generally a negative sign for the market and could lead to a short-term decrease in the price of UUP.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100