[SMM Express] Financial market tremors! Meibu crude oil fell more than 2% spot gold jumped to 1900

Telah Terbit: Oct 2, 2020 13:57

U.S. president Donald Trump said on Twitter that he and his wife Melania tested positive for novel coronavirus and will begin quarantine immediately. Melania, 50, also said on Twitter that she would suspend all activities.

After the news, the financial market was fluctuated to a certain extent, the dollar rose briefly but then fell, narrowing its previous gains, US stock futures continued to weaken, and US three major stock index futures plunged rapidly. at present, the S & P 500 and Dow Jones Index futures are down nearly 2%, and the NASDAQ Index Futures are down more than 2%.

As for crude oil, the decline in oil futures of the United States and Brazil quickly expanded to more than 2 percent. Brent crude oil futures fell 40 US dollars per barrel, and WTI crude oil futures fell 2.6 percent on the day. WTI crude oil futures fell 2.8 percent. In terms of gold, spot gold prices in London rose about 0.2 per cent to an intraday high of $1908.97 an ounce.

In terms of non-ferrous metals, Lun trading was green across the board, with Lun Copper and Lun Zinc down more than 1%, Lunni and Lun lead down nearly 0.7%, Lun Aluminum down nearly 0.4%, and Lunxi flat. Prior to this, the metal on the outer disk generally fell yesterday, in which Lun copper plummeted by more than 5% and Lun Zinc plummeted by more than 3%. Lun copper tumbled more than 4 per cent on Thursday, its lowest level in more than a month, as concerns about rising inventories and increased cases of coronavirus infections outweighed hopes for progress in a new round of US stimulus.

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[SMM Express] Financial market tremors! Meibu crude oil fell more than 2% spot gold jumped to 1900 - Shanghai Metals Market (SMM)