On Monday morning (4 November, 9:15 AM, GMT+7, Bangkok time), indices in Asia Pacific exhibited an upward trend as traders prepared for key events and data during the week, including China’s parliament meeting on Monday, the US presidential election, South Korea’s inflation data for October, and Australia’s central bank interest rate decision on Tuesday, as well as China’s trade data for October scheduled for Thursday.
Meanwhile, markets in Japan were closed for a holiday.
South Korea’s KOSPI jumped by 1.16% to 2,571.77, and Australia’s ASX 200 increased by 0.36% to 8,147.8.
As for stocks in China, Shanghai’s SSEC climbed by 0.08% to 3,274.5. Shenzhen’s SZI soared by 1.16% to 10,577.18, and Hong Kong’s HSI grew by 0.12% to 20,531.36.
Meanwhile, the US stock markets edged up on Friday as the Dow Jones Industrial Average (DJIA) surged by 0.69% to 42,052.19. NASDAQ gained 0.8% to 18,239.92, and S&P 500 increased by 0.41% to 5,728.8. VIX plummeted by 5.53% to 21.88.
As for commodities, oil prices settled higher on Friday following reports indicating Iran’s preparations for a potential retaliatory attack on Israel in the upcoming days. Meanwhile, prices also remained under pressure due to record U.S. output levels. Brent futures rose 29 cents or 0.4% to $73.10 a barrel, and the West Texas Intermediate (WTI) gained 23 cents or 0.3% to $69.49 per barrel.
This morning, Brent futures grew 97 cents or 1.33% to $74.07 a barrel, and the WTI escalated $1 or 1.44% to $70.49 per barrel.
Meanwhile, gold futures remained unchanged at $2,749.3 per Troy ounce.
