S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
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CAC 40 — French Market Index
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Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketGold rose more than 1% to around $4,050 per ounce on Monday, reaching a two-week high amid mounting concerns over the US economy. The yellow metal also benefited from a pullback in the dollar, which makes dollar-denominated commodities cheaper for foreign buyers. On Friday, the University of Michigan’s consumer sentiment index fell to its lowest level in nearly three and a half years as the US government shutdown extended to the longest in history. Meanwhile, the US Senate appeared on track to pass a deal to reopen the government, with enough Democratic senators reportedly backing the package. On the monetary policy front, markets remain divided on whether the US Federal Reserve will cut interest rates in December, with traders pricing in roughly a 67% chance of a quarter-point reduction, unchanged from Friday.
