US Stock markets closed their best week of the year in positive territory again whilst Treasury yields, and the dollar took another hit.
Oil prices fell to round out what has been a volatile week for ‘black gold’ as demand concerns out of China continue to weigh.
Gold smashed through resistance levels to hit a new all-time high at $2,509.60 as it continued to attract buyers in line with a decreasing dollar.
It is a lean day ahead in terms of macroeconomic data updates and investors will be hoping that risk appetite can continue to rally in the sessions ahead, as they look ahead to central bank updates in the coming days.
| Market | Change | Close |
| Dow | +0.24% | 40,659 |
| S&P | +0.20% | 5,554 |
| Nasdaq | +0.21% | 17,631 |
| USD | -0.56% | 102.46 |
| US Treasury – 2 Year | -3.7 bps | 4.064% |
| US Treasury – 10 Year | -3.6 bps | 3.890% |
| Oil – Brent | -1.7% | $79.68 |
| Oil – WTI | -1.9% | $76.05 |
| Gold | +1.7% | $2,498 |
Today’s Events (AEST):
US Session
- 11.15pm – US – Fed Member Christopher Waller Speaks
