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Asia Stumbles, Europe Mixed While Gold Trades Above $1900 – Global Markets Today While US Was Sleeping

On Friday, October 13, the U.S. stock markets closed mixed as declining consumer confidence and Middle East tensions overshadowed positive earnings from major U.S. banks. Major Wall Street banks kicked off the third quarter earnings season.       

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Asia And European Markets Slide Post US Inflation Data, Crude Jumps 3% While Gold Surpasses $1,900 – Global Markets Today While US Was Sleeping

On Thursday, October 13, the U.S. stock markets closed in red, affected by rising bond yields following a U.S. Treasury auction and data indicating a higher-than-expected increase in September consumer price. The benchmark yield surged to 4.728%, reversing the declines observed over the last two days. U.S. inflation for September was 3.7%, slightly above the expected 3.6%. 

ADIV