The post Global stocks are surging along with gold and copper amid political chaos appeared on BitcoinEthereumNews.com. Stocks worldwide are pushing higher on Monday as traders react to a pile-up of global political messes and inflation nerves. Futures linked to the Dow Jones Industrial Average increased by 69 points, or 0.2%. The S&P 500 climbed by 0.2%, while the Nasdaq-100 advanced 0.4%, with all eyes on upcoming inflation data scheduled for release Wednesday and Thursday. Earlier today, China’s trade data was released, and it showed that exports in August surged by 4.4% from a year earlier in dollar terms, which is way below the 5.0% forecast by economists surveyed by Reuters. Imports also missed expectations due to the ongoing housing crisis and rising unemployment concerns, both of which are dragging on consumer demand. Asia’s market sees dramatic surge In the Asia-Pacific region, most markets ended higher despite growing instability. Japanese Prime Minister Shigeru Ishiba resigned over the weekend after sustained pressure following his party’s poor performance in last year’s national elections. Investors reacted positively. Japan’s Nikkei 225 rose by 1.45% to close at 43,643.81, and the Topix added 1.06%, reaching a record 3,138.2. Meanwhile, the yen weakened 0.64% to 148.33 per dollar, while Japanese bonds sold off again. The yield on the 30-year government bond increased by over 4 basis points to 3.272%, while the 20-year bond yield moved more than 3 basis points higher to 2.676%. Both have risen significantly throughout the year. South Korea’s Kospi climbed 0.45% to 3,219.59, and the Kosdaq gained 0.89% to 818.6. Hong Kong’s Hang Seng Index went up 0.8%, while China’s CSI 300 inched up by 0.16% to 4,467.57. Australia’s S&P/ASX 200 dropped by 0.24%, closing at 8,849.6. In contrast, Indian markets saw gains, with the Nifty 50 advancing 0.44% and the Sensex adding 0.34%. OPEC+ increases production while metals extend gains, along with European stocks Oil prices nudged higher… The post Global stocks are surging along with gold and copper amid political chaos appeared on BitcoinEthereumNews.com. Stocks worldwide are pushing higher on Monday as traders react to a pile-up of global political messes and inflation nerves. Futures linked to the Dow Jones Industrial Average increased by 69 points, or 0.2%. The S&P 500 climbed by 0.2%, while the Nasdaq-100 advanced 0.4%, with all eyes on upcoming inflation data scheduled for release Wednesday and Thursday. Earlier today, China’s trade data was released, and it showed that exports in August surged by 4.4% from a year earlier in dollar terms, which is way below the 5.0% forecast by economists surveyed by Reuters. Imports also missed expectations due to the ongoing housing crisis and rising unemployment concerns, both of which are dragging on consumer demand. Asia’s market sees dramatic surge In the Asia-Pacific region, most markets ended higher despite growing instability. Japanese Prime Minister Shigeru Ishiba resigned over the weekend after sustained pressure following his party’s poor performance in last year’s national elections. Investors reacted positively. Japan’s Nikkei 225 rose by 1.45% to close at 43,643.81, and the Topix added 1.06%, reaching a record 3,138.2. Meanwhile, the yen weakened 0.64% to 148.33 per dollar, while Japanese bonds sold off again. The yield on the 30-year government bond increased by over 4 basis points to 3.272%, while the 20-year bond yield moved more than 3 basis points higher to 2.676%. Both have risen significantly throughout the year. South Korea’s Kospi climbed 0.45% to 3,219.59, and the Kosdaq gained 0.89% to 818.6. Hong Kong’s Hang Seng Index went up 0.8%, while China’s CSI 300 inched up by 0.16% to 4,467.57. Australia’s S&P/ASX 200 dropped by 0.24%, closing at 8,849.6. In contrast, Indian markets saw gains, with the Nifty 50 advancing 0.44% and the Sensex adding 0.34%. OPEC+ increases production while metals extend gains, along with European stocks Oil prices nudged higher…