Oil tumbles, gold slips; Wall Street turns lower
November 8, 2023AUD -0.3% to 64.14 US cents
Bitcoin +1.3% to $US35,261 at 4.36am AEDT
On Wall St at 12.40pm: Dow -0.3% S & P -0.2% Nasdaq -0.3%
In New York: BHP -0.8% Rio -0.5% Atlassian -3.1%
Tesla -1.9% Apple +0.1% Amazon -0.9%
Airbnb -3.9% Intel -2% Palantir -2.7%
VIX +0.2% QQQ -0.4% TLT +1.2%
Stoxx 50 +0.6% FTSE -0.1% DAX +0.5% CAC +0.7%
Spot gold -0.8% to $US1952.86/oz at 12.29pm in New York
Brent crude -2.3% to $US79.75 a barrel
Iron ore +1.1% to $US124.40 a tonne
10-year yield: US 4.53% Australia 4.58% Germany 2.61%
US prices as of 12.28pm in New York
Today’s agenda
Local: NZ October retail card spending at 8.45am
Overseas data: China October CPI and PPI at 12.30pm; Japan September current account
Oil slides
As the risk premium from the Israel-Hamas has faded in recent weeks, traders’ focus has shifted to demand, which has shown signs of softening, Bloomberg reported.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.
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