Gold traded above $4,100 an ounce, reflecting cautious sentiment ahead of the start of the third-quarter earnings season. Major companies, including ASML, LVMH, and Nestlé, are expected to release results this week.
At the same time, European markets saw declines across major indexes: Germany’s DAX fell 0.82%, France’s CAC 40 0.83%, the UK’s FTSE 100 0.2%, and Moscow’s MOEX 0.38%. Meanwhile, US markets gained, with the Dow Jones up 1.29%, S&P 500 1.56%, and Nasdaq 2.21%.
Commodity prices showed mixed movements: Brent crude dropped to $62.71, US crude to $58.69, and wheat reached $4.9384 per bushel, while European gas futures for November opened at €31.245 per MWh. The euro traded at $1.15637, slightly down 0.02% from the start of trading.
Investors remain focused on the upcoming World Economic Outlook report by the IMF and World Bank, to be released during their annual meetings in Washington from October 13–18.
