AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
On Friday, the Australian shares ended higher due to rebound in commodity stocks.
The ASX 200 index rose 0.5% on Friday to finish at 6,892.5 points.
The Dow Jones rose 1.26%, the S&P 500 surged 1.36% and the NASDAQ ended 1.28% higher.
The Australian share market is expected to open higher on Monday after Wall Street ended higher last Friday on latest US jobs data which triggered hopes that the Federal Reserve could slow its rate hikes. On Friday, Fed officials echoed Powell's comments about potentially decreasing the size of rate hikes in the future, but needing to continue to raise rates for a longer period of time
The latest SPI Futures indicate that the ASX 200 would open 91 points or 1.3% higher.
On Friday, the Australian shares ended higher as a rebound in commodity stocks overshadowed gloom over the US Federal Reserve's hawkish commentary. The ASX 200 index rose 0.5% on Friday to finish at 6,892.5 points, after skidding 0.4% earlier. The benchmark posted a second straight weekly gain, surging 1.6%.
On Wall Street, the Dow Jones rose 1.26%, the S&P 500 surged 1.36% and the NASDAQ ended 1.28% higher. US employers hired more workers than expected in October. Nonfarm payrolls rose 261,000 last month.
In Europe, the Stoxx 50 rose 2.65%, the FTSE gained 2.03%, the CAC rose 2.77%, and the DAX ended 2.51% higher.
Bond yields
On Friday, Treasury yields were mixed after government data showed US payrolls increasing more than expected last month.
The yield on two-year notes fell 4.7 basis points at 4.654 %, while the 10-year yield was up 3.9 basis points to 4.163 %.
Oil prices jump
Oil prices settled up by more than 5% on Friday amid uncertainty around future interest rate hikes by Fed.
- Brent crude futures settled up 5% at US$98.57 a barrel.
- WTI crude futures rose 4.98% to US$92.56 per barrel.
Gold prices rise
Gold prices surged 3% on Friday as the dollar fell after data showing an uptick in the US unemployment rate in October.
Spot gold rose nearly 3% to US$1,677.67 per ounce by 2:34 PM ET (1834 GMT).
