*Oil fell as trade war stoked growth concerns *UK Parliament is likely to delay Brexit by Jan next year
- The S&P 500 Index was closed due to a bank holiday. It closed on 2926 on its final day of August
- The Stoxx Europe 600 Index gained 0.26% as investors remained hopeful of more dovish monetary policy stance from the ECB.
- The MSCI Emerging Market Index traded mostly positive and recorded gain of 0.24%.
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- The Bloomberg Dollar Spot Index continued to move higher ahead of key economic data release this week; the US NFP. It jumped 0.18%.
- The Euro dropped against the dollar despite some decent manufacturing numbers out of Eurozone. The currency fell by 0.14% to $1.1096.
- The British pound suffered a dramatic drop as UK continues to teeter with recession territory, the UK’s manufacturing number fell to 47.4 against forecast of 48.
- The Japanese yen dipped 0.16% to 10.34 per dollar.
- The yield on 10-year Treasuries closed at 1.4961% on Friday.
- Eurozone’s 10-year yield soared by one basis point to -0.691%.
- Britain’s 10-year yield fell by four basis point to 0.437%.
- West Texas Intermediate crude gave up some of its gain from last week and dropped -0.42% to $54.89 a barrel.
- Gold remained favourite among investors and it increase by 0.32% to 1525. Gold ETFs witnessed biggest inflow since 2013.