Oil and gold prices rose after the fall of Assad's regime.
Oil prices rose by more than 1% after the fall of Bashar Assad's regime in Syria, creating more uncertainty in Middle Eastern politics.
According to The Guardian, futures for Brent crude rose by 78 cents to $71.90 per barrel, while futures for West Texas Intermediate rose by 87 cents to $68.07 per barrel, reported Ekonomichna Pravda.
Spot gold, which is considered a safe haven, previously increased by 1% to $2,657.35 per ounce and is currently trading 0.8% higher.
European stock markets are trading mixed: the FTSE 100 index rose by 19 points, or 0.2%, to 8,327, thanks to mining company shares. The German Dax and Italian FTSE MiB fell by 0.2%, while the French CAC outperformed them by 0.36%.
Mining groups, automakers, as well as shares of luxury goods manufacturers LVMH and Richemont, rose after signs of new stimulus measures aimed at supporting China's economy. Beijing will adopt a more active fiscal policy and moderately loose monetary policy next year and will strengthen 'unconventional' countercyclical measures.
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