# Daily Global Market Summary - November 5, 2020

> Global equity markets closed higher on November 5, 2020, with the US dollar weaker and oil, gold and silver all higher. Traders were awaiting final US presidential election results and the October non-farm payroll report.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50078-daily-global-market-summary-november-5-2020
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker dollar tends to support dollar-denominated commodity prices, but this is a routine market wrap with no new supply or demand driver for feed ingredients.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/marketintelligence/en/mi/research-analysis/daily-global-market-summary-november-5-2020.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.