Investors entered this week uninspired, a mix of slightly bullish economic data with a fluctuation in Crude prices, due to conflicting news about the time it will take Saudi Arabia to recover almost all of its lost production capacity in the last week attacks, coupled with uncertainty about the development of the trade war and nearing the end of the third quarter, formed a feeling of uncertainty that gave no impetus for US indices to do better than to end virtually unchanged.
In the forex market the EUR/USD fell -0.2% to $1.0998, with the US currency showing some relative strength against a basket of other major currencies, pushing the British Pound to a loss of -0,3% to finish at $1.2435. The Yen was stronger than the greenback and gained 0.1%, indicating a demand for safe haven assets. Something also seen in the gold price appreciation to $1,530 per ounce, while in the S&P500 the safer sectors were also those who made the most gains.
