Markets:
WTI crude up 68-cents to $64.61Bonds closedS&P 500 futures up 0.2%Gold up $30 to $3476GBP leads, JPY lagsThe US/Canadian holiday kept a lid on trading on Monday, though the market did have to react to a US court blocking Trump's tariffs. The reaction so far suggests the market is taking a 'wait and see' approach as it will work its way though the courts.
There was some mild risk appetite with NZD making modest gains and the euro climbing. US stock futures got a lift as well but it was nothing substantial. Eyes were on political risk in the UK and France but that didn't stop the euro from steadily grinding to the upside.
The standout performer of the day was precious metals, with silver particularly strong and rising to the highest in 14 years. Gold also gained for the fifth day and is just $25 from the all-time record set earlier this year.
News flow was light as you would expect on the holiday but Trump tweeted about Covid vaccines and the trading relationship with India. Neither could be seen as a market mover and there are some murmurs about his health as he keeps an unusually low profile.
This article was written by Adam Button at investinglive.com.Hence then, the article about investinglive americas fx news wrap previous metals shine on labor day was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( investingLive Americas FX news wrap: Previous metals shine on Labor Day )
Also on site :
- Kentucky congressman announces death of longtime staffer, campaign manager
- The Christmas Day Storm
- Camarillo man arrested after stolen camera reactivated and installed on the exterior of a home