US equity markets continued to trend higher as the S&P500 futures posted a new one month high near the 2025 region, with the US earnings under way. The commodity markets on the other hand were weak on Monday with gold declining -0.62% for the day to close at 1170.59. Crude oil futures also declined -2.29% to settle the day at $46.17. Mining giant Glencore was back in the red on mounting fears that their rising debt of nearly 20 billion Pound Sterling meant that the company wouldn't be able to cope with weak commodity prices. Shares in Glencore fell over 5% yesterday.
Markets Mixed on Lack of Data
Daily Analysis - 20/10/2015