Market Update

The London Stock Exchange (LSE) is moving some trading operations related to shares listed in the European Union countries to the Netherlands. A Dutch platform by LST will see the movement of trading the said shares starting November, according to media reports. This comes as London tries to avoid its …

The Mexican Stock Exchange (Mexican Bolsa) has resumed trading activities on Monday, Reuters reported. This comes after the exchange saw operations being halted on Friday due to system problems.

The main indexes on Wall Street opened higher on Monday, while the Nasdaq index, teeming with tech companies, jumped more than 1% as sentiment was boosted by optimism about an agreement in Washington on more financial support ahead of the start of the quarterly earnings announcement season. The Dow Jones …

The dollar settled near a three-week low on Monday amid optimism about the fiscal stimulus in the United States, while the yuan fell after the Chinese central bank changed its policy on currency reserves. The dollar index stabilized after it witnessed the biggest loss in six weeks on Friday, when …

Oil prices fell 1% for the second consecutive session Monday, as US producers began to resume work after Hurricane Delta and the end of a workers’ strike that affected production in Norway. Brent crude for December delivery fell 41 cents to $ 42.44 a barrel, and U.S. West Texas Intermediate …

Monday’s data showed that the unemployment rate in Turkey stabilized at 13.4% in the period from June to August compared to the previous three months, with a high rate of participation in the workforce, while the repercussions of Covid-19 continued to affect employment. Separate data today showed that the current …

The rate of core machinery orders in Japan increased by 0.2% in August compared to the previous month, more than expected. On an annual basis, basic orders decreased by 15.2% in the same month. Better than expected. The producer price index unexpectedly declined by -0.2% in September on a monthly …

Gold fell from its highest level in three weeks, as the dollar recouped some of its losses after a new US relief package to ease the repercussions of Corona faced opposition. Spot gold fell 0.1% to $ 1927.11 an ounce, after reaching its highest level since September 21 at $ …

Japanese stocks fell at the close on Monday, due to concern over the upcoming corporate business results reports, prompting investors to reap profits and leading the decline in the selective industrial and consumer sectors. The Nikkei index fell 0.26% to 23,558.69 points, while the broader TOPIX index lost 0.2% to …

European stocks rose Monday, tracking gains in Asia fueled by optimism about the recovery of the Chinese economy, while investors remain cautious about the rise in domestic infections with the Corona virus. The pan-European STOXX 600 index rose 0.3%, while the telecom and automobile sectors led the gains. The benchmark …