【Top1 Evening】Gold futures rose; dollar fell ; the market awaits the presidential election debate

Gold: Gold prices remained stable, and gold futures rose. The spot gold price was reported at US$1,884.01 per ounce. The price of gold futures rose 1.75 US dollars, or about 0.15%, to US$1885.05 per ounce, up 0.91% on the previous trading day.

Spot silver fell 1% to US$23.49 per ounce, platinum fell 0.3% to US$876.47, and palladium rose 0.4% to US$2,263.97.

Forex: The US dollar fell from a two-month high at 93.741.  EUR/USD rose 0.31% to 1.1666 US dollars; GBP/USD rose 0.89% to 1.2849 US dollars; AUD/USD rose to 0.7070 US dollars; ; NZD/USD rose to 0.6552 US dollars.

Crude oil: U.S. oil rose more than 1% overnight and then fell. US WTI crude oil futures prices fell 24 cents, or 0.59%, to US$40.36 per barrel. Brent crude oil futures prices fell 23 cents, or 0.54%, to US$42.64 per barrel. Natural gas prices fell 0.33% to $2.755.

Stock market: Britain’s FTSE 100 Index reported 5,912 points, down 15 points or 0.26%; Germany’s DAX Index reported 12823 points, down 47 points or 0.37%; France’s CAC 40 Index reported 4831 points, down 11 points or 0.24%; Italy’s FTSE The MIB index reported 19096 points, down 63 points or 0.33%.

The first debate of the US presidential election will be held on Tuesday evening local time. Michael Schumacher, director of interest rate strategy at Wells Fargo, said earlier that television debates may have a greater impact on the stock market than employment data, because this presidential election is different from the past, and there may be big variables. If Trump is expected to win, it will be beneficial to high-risk investment tools, while the bond market may fall sharply; on the contrary, Biden is expected to win, and risk aversion will dominate the market outlook.