Contracts on U.S. stocks drop as Barack Obama wins

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/AFP

Futures on U.S. stocks drop on Obama's victory in the elections. S&P 500 futures due in December fell 0.3% to 1,421, after tumbling 1% earlier. Meanwhile, the contracts on Dow Jones industrial average decreased 0.4% to 13.149. However, the equities have surged 3% on average throughout the last two months. In addition, the S&P 500 added 15% since its low level in June, after central banks added to stimulus.

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Wed, 07 Nov 2012 11:47:19 GMT

Rubber is traded higher as Obama wins re-election

Rubber for April settlement was 2.4% higher to 252.5 Yen per kilogram or $3,149 a metric ton in the end of Asia trading hours. Rubber price rebounded from a seven-week bottom, which was reached yesterday, as market closed at 246.6 Yen per kilogram. Together with other commodities, rubber is higher, as Barack Obama won re-election meaning that the U.S. will probably maintain the easier monetary

Wed, 07 Nov 2012 11:25:20 GMT

Copper, gold rises, while oil pares losses on Obama's second term

Copper and gold climbed, as oil pared losses on Barack Obama's victory of a second term, boosting speculation that the U.S. will extend stimulus measures. Spot gold rose 0.6% to $1,726.57 an ounce and traded at $1,722.63 at 1:50 p.m. Singapore time. Copper gained 1.3% to $7,798 a metric ton in London, and traded at $7,736.25.  

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