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Financial breakfast on October 15: Risk appetite improved. Commodities soared, the dollar fell below the 94 mark and gold touched 1,800

Financial breakfast on October 15: Risk appetite improved. Commodities soared, the dollar fell below the 94 mark and gold touched 1,800

On October 14th, the U.S. dollar fell slightly, regaining most of the lost ground. Investors bet that the Fed will start to reduce asset purchases next month and turn their attention to the timing of interest rate hikes; the S&P 500 index rose 1.7%, setting a record in March Best single-day performance since. Spot gold rose slightly, hitting a nearly one-month high of US$1800.55 per ounce during the session. U.S. oil rose more than 1%. The previously announced U.S. inventory report showed that crude oil inventories in Cushing, Oklahoma had the largest decline since June. The Bloomberg Commodity Index hit its highest level in more than six years.

Eden 2021-10-15 06:40:19
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