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10.05 - Malaysian opposition wins, dollar retreats

10.05 - Malaysian opposition wins, dollar retreats
10.05 - Malaysian opposition wins, dollar retreats

Kospi gained 0.5 percent.

Topix added 0.3 percent.

Hang Seng went up by 0.6 percent.

S&P 500 Index futures advanced 0.2 percent.

S&P/ASX 200 rose 0.2 percent – all and all markets performed very satisfactory with all the major indices gaining more points, but after the elections in Malaysia have gone through itr remains to be seen whether the gains will be extended tomorrow at the end of the trading week.

Dollar lost 0.2 percent against the basket of six major currencies.

Yen was almost unchanged starting the trading day at the point of exchange of 109.83 per yen.

Euro added 0.1 percent - $1.1858.

Traders’’ hopes that metals market will be recovered by today didn’t come to life.

Gold lost 1.2 percent - $1311.00 per ounce.

Silver is unchanged - $16.47 just like Platinum - $931.00 per ounce.

Palladium lost 1 percent - $970 per ounce.

WTI crude is now traded at the highest point in 4 years after having gained 0.7 percent - $71.62 per barrel.

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