Gold settled higher as it appeared U.S. lawmakers would strike a last-minute deal to prevent the country from defaulting on its debt.
The dollar rose against most currencies on Wednesday after the Senate announced a deal that would avert a U.S. default and re-open government.
Stocks closed near session highs Friday, hoisting the Dow and S&P 500 to finish in the black for the week, as investors grew more optimistic over the progress in Washington.
Asian stocks were in a holding pattern on Wednesday on caution whether the U.S. could avert a debt default after Senate lawmakers resumed talks.
U.S. oil ended modestly higher on Monday, as traders covered short positions in the event that U.S. politicians reach a deal to fund the government.
Stocks closed sharply lower in volatile trading Tuesday, with the Dow and S&P 500 snapping their four-day rally, as ongoing worries over the impasse over the debt ceiling continued to weigh on the markets.
Gold settled higher on Monday as the U.S. fiscal impasse remained unresolved.
European equities closed higher on Tuesday, as expectations of an imminent debt deal in the U.S. encouraged global market sentiment.
Chinese stocks outperformed Asia on Monday as investors cheered a stronger-than-expected inflation report.
European shares closed higher on Friday amid signs that U.S. lawmakers are moving closer to a deal.
The dollar slipped on Monday and the yen rose on safe-haven demand, as lawmakers struggled to reach a deal before this week's debt ceiling deadline.
Asian stocks enjoyed a relief rally on Friday on optimism that U.S. lawmakers would soon reach a deal to avert a debt default.
Gold settled lower on signs the US budget impasse might be heading towards a resolution put the dollar on track for a weekly gain.
Oil prices jumped on Thursday, with U.S. oil settling sharply higher on growing hope for a deal to extend funding of the U.S. government.
Stocks closed out the session with a sharp bang Thursday, with major averages rallying more than 2 percent across the board, as lawmakers seemed to move closer to a deal to resolve the political stalemate in Washington.
Gold settled under $1,310 an ounce on Wednesday, while the dollar extended gains after the minutes of the Fed's Sept. 17-18 meeting were released.
Gold ended lower after a day of choppy trading on signs that lawmakers in Washington might reach a deal to avert a potential U.S. debt default.
European shares closed higher on Thursday, as hopes grew that the U.S. would strike a short-term debt limit deal.
Oil prices fell on Tuesday, as the outcome of talks over a U.S. debt deal remained uncertain, and Iran unveiled a proposal to resolve a standoff over its nuclear program.
Gold settled lower on Tuesday, amid fears the country could still be pushed toward an unprecedented default.
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