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Global equity markets closed mostly higher on December 16, 2020, while US markets were mixed after the FOMC meeting. Government bond yields moved in a narrow range, and oil, gold, silver and copper all closed higher.
Traders were watching the next day's US jobless claims report and a possible $900 billion stimulus bill.
This is a routine daily market wrap that describes moves without a new cause for feed commodities, so it carries little direct price signal.
spglobal.comDec 16, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
