Friday 6 November 2015

Commodities & oil brought US stocks down 6 Nov, 2015

http://www.researchvia.com/stock-futures/Free stock tips - The dollar went high against most major currencies, striking a more than 2-month high versus the yen on bets for a rate increase. The dollar index, measuring the greenback in against with the basket of major currencies, rose 0.04 per-cent.

Gold & Copper were both weighed down by the prospect of a Dec month rate hike. Gold fell down as low as $1,102.35 an ounce to its weakest since Sept. 15 in its 7th straight session of declines.

Oil futures expanded the last session's rout, as an oversupply of crude & weak gasoline prices continued to weigh. U.S. crude futures settled down at 2.4 per-cent at $45.20 a barrel & Brent crude settled down with 1.2 per-cent at $47.98.

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