• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Tech and oil accelerate the rotation toward defensive assets

FinanceInternationalXTB.com35 s readAI summary
Image: XTB.com

US futures trade lower, erasing the previous session's gains, in a day marked by selling in AI and semiconductor stocks across Asia-Pacific, with the Hang Seng and KOSPI leading declines. The yen strengthened on safe-haven demand and the dollar eased. Crude rose on attacks on vessels in the Persian Gulf and a larger-than-expected inventory draw, while gold and silver remained under pressure.

In 35 seconds

  • US futures fall and erase the previous session's gains, despite the earlier boost from NVIDIA's GTC conference.
  • Asia-Pacific markets extended losses on selling in AI and semiconductor stocks; the Hang Seng and KOSPI led the declines.
  • The Bank of Korea kept its benchmark rate unchanged, in line with expectations.
Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

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