Here is what you need to know on Monday, October 9: Investors seek refuge to start the week as geopolitical tensions escalate after Israel formally de
clared war against the Palestinian Hamas group. The US Dollar Index opened with a bullish gap and was last seen trading in positive territory below 106.50. Although bond markets in the US will remain closed in observance of the Columbus Day holiday, the New York Stock Exchange and the Nasdaq Stock Market will operate at regular hours. Reflecting the risk-averse market environment, US stock index futures were last seen losing between 0.5% and 0.6%.
For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY . According to the latest reports, Israeli military has deployed about 100,000 reserve troops near Gaza, while fighting continues in at least three areas in southern Israel. At least 700 people have died after Hamas fired a barrage of rocket from Gaza Strip over the weekend.
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