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Iron ore rises in early Asian trade. Prices are likely to continue fluctuating before China's weeklong National Day holiday, which begins Thursday, Baocheng Futures analysts say in a note. The ferrous metal's prices could weaken as its fundamentals remain weak due to a supply-demand imbalance, they…
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.