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Trading the Close: Deep Dive Into The Trading Action, Levels, Trades & Insights​


9:48
 

Ag markets continue rise ahead of port strike | Weekly Commodity Market Update​

Oct 1, 2024 #agriculture #news #markets

This week Will and Ben look at the importance of U.S. port strikes and the impact of the farm bill's expiration.


13:27

Chapters:
0:00 Introduction
0:57 Market recap
3:37 Port strike impacts
5:55 Farm bill expiration
11:05 Harvest progress
12:12 Reports to watch
 

Morning Bid: MidEast tension, port strike see edgy Q4 start​

October 2, 2024

A look at the day ahead in U.S. and global markets from Mike Dolan

With Middle East tensions dialing back up, U.S. port workers on strike and global industry under the cosh, the final quarter of 2024 promises to be a bit edgier for world markets than the relatively serene first nine months.

The fourth quarter was barely underway on Tuesday when 12 months of intense conflict in Gaza and Lebanon spilled over again into another direct standoff between Israel and Iran - jarring recently listless energy markets and provoking some limited hedging of risk assets.

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Stocks stable, oil rises as wary investors eye Middle East hostilities​

  • Europe's STOXX flat, Asian shares rise despite conflict concerns
  • Oil prices rise nearly 3% on supply concerns after Iran's missile strike
  • Market fallout of escalating tensions muted, for now
LONDON, Oct 2 (Reuters) - Stocks held firm on Wednesday and safe haven assets such as government bonds and the dollar gained ground, as investors held back from panic selling amid escalating Middle East hostilities that also pushed oil prices nearly 3% higher.

Europe's benchmark STOXX index (.STOXX), opens new tab edged down just 0.1% and MSCI's broadest index of Asia-Pacific shares (.MIAP00000PUS), opens new tab climbed 1.38%, despite the prospect of a wider conflict following Iran's missile strike on Israel and Israel's incursion into Lebanon.

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Jim Rogers: We've NEVER Seen ANYTHING Like This In Recorded History!​

Sep 30, 2024

In his latest interview, Jim Rogers expresses concern about the current state of the stock market, noting that many markets, particularly in the US, are at or near all-time highs. As a result, he reveals he has sold most of his stocks worldwide and is currently holding a significant amount of cash, primarily in US dollars. Rogers emphasizes he is not buying in most markets, with the exceptions being China, due to its depressed market, and Uzbekistan, which he sees as a potentially exciting investment opportunity.


11:34
 

Morning Bid: Dollar surges as European, Japan hawks coo​

A look at the day ahead in U.S. and global markets from Mike Dolan

The U.S. dollar (.DXY), opens new tab is on course for its best week in six months, surging anew on Thursday against the yen, sterling, euro and Swiss franc as central banks around the world appear set to out-dove the Federal Reserve.

Partly spurred earlier this week by a "safety bid" surrounding Middle East tensions, dollar gains have really mounted as speculation of another round of interest rate cuts in Europe were twinned with official hesitation at further monetary tightening in Japan - with inflation subsiding everywhere.

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CLS Week 40 (registration is free)

Fearnleys Week 40

World Container Index 03 Oct

 
In 1999, I bought a cubic zirconia for my (to be) wife. I might have overpaid at $200 or so, but it was a big crystal and I also spent almost $200 on our gold rings, so that was enough. Add another 40 or 50 for the judge to officiate our wedding. Afterwards, my uncle covered the local wedding meal. The whole process cost some bucks, but not too much. I think $500 should cover the everything from rings up to honeymoon. That might be another $200. So seven hundred total.
 

Morning Bid: Jobs and oil dominate as ports strike ends​

October 4, 2024 6:04 AM EDT

A look at the day ahead in U.S. and global markets from Mike Dolan

Wall Street has weathered an edgy start to the final quarter reasonably well this week, with the September employment report now an obvious final hurdle on Friday and firmer oil prices an irritant even as a three-day U.S. ports strike ends.

As has been the case for weeks, markets are trying to find the balance between signs of persistent growth but at a pace soft enough to sustain disinflation and Federal Reserve interest rate cut hopes.

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Markets Now: Closing Markets 10-4-24 Grain Markets Close Lower Friday: Is the Rally Winding Down?​

Don Roose, U.S. Commodities, says several factors combined to pressure the grain markets Friday. Whether or not the rally is over depends on global weather and the October WASDE.


10:19
 

Dow registers record high close as US jobs data eases economic worries​

  • US job growth surges in Sept; unemployment rate falls to 4.1%
  • Spirit Airlines tanks after report of bankruptcy filing
  • Energy sector climbs for the week with Middle East tensions up
  • Indexes: Dow up 0.8%, S&P 500 up 0.9%; Nasdaq up 1.2%
NEW YORK, Oct 4 (Reuters) - The Dow posted a record closing high on Friday and the Nasdaq ended with a more than 1% gain as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak.

U.S. job gains increased in September by the most in six months, and the unemployment rate fell to 4.1%, the report showed.

The data "basically tells us economic activity in the fourth quarter is likely to remain at a solid pace," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

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NEW YORK, Oct 4 (Reuters) - The Dow posted a record closing high on Friday and the Nasdaq ended with a more than 1% gain​

Why? What is improved?

as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak.​

A stronger job report? What?! I have been looking for a job and my results are zero. No company wants someone with experience and proven experience, but won't pass the HR shitheads.

U.S. job gains increased in September by the most in six months, and the unemployment rate fell to 4.1%, the report showed.
Bullshit. Good jobs are going away, and companies are lying. "We need a software engineer who has N years in {language} and N years in {incidental scripting language that is not really important} and some technology that is obscure, but any engineer can learn quickly." These companies use HR people who are not capable of assessing the engineers' abilities, and so the dumbass HR people reject great people. Because they are worthless shit dumbasses.

Like the resources spent and wasted on advertising, the HR shits waste our talent by keeping talent away from employment.
 

What if Russia blocks the export of its raw materials?​

Vladimir Putin is threatening to withhold crucial raw materials like uranium, titanium and nickel from the West. DW breaks down how that would affect global trade and industrial production."Supplies of a number of goods to us will be limited, and we should perhaps also think about certain restrictions, for example on uranium, titanium and nickel," Russian President Vladimir Putin said in mid-September, instructing his government to consider curbing exports.

The Kremlin already tried to pressure Europe with regard to gas supplies in 2022. The aim was to undermine the West's support for Ukraine in its resistance to Russia's war of aggression. His latest threat is significant, as the United States and European Union import these raw materials from Russia in large quantities.

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Take Five: Rate cuts and politics, say no more​

Oct 7 (Reuters) - It's a packed week ahead with U.S. inflation data, the start of Q3 earnings, a French budget and possibly a big rate cut from New Zealand.

Investors are also on edge as Middle East tensions escalate, while Japan's new Prime Minister Shigeru Ishiba is in the spotlight.

Here's all you need to know about the week ahead in global markets from Lewis Krauskopf in New York, Yoruk Bahceli in Amsterdam, Karin Strohecker and Amanda Cooper in London and Kevin Buckland in Tokyo.

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Morning Bid: Monster payrolls see 10-year Treasury yields top 4%​

October 7, 2024 6:20 AM EDT

A look at the day ahead in U.S. and global markets from Mike Dolan

With any thought of U.S. recession off the agenda after a monster September jobs report, doubts about the extent of further Federal Reserve easing have inevitably re-emerged - and now need a cool inflation report this week to keep in check.

Any which way you cut it, last month's employment report was a robust reading of a labor market in rude health. With payroll gains of 254,000 - more than 100,000 above forecast - a decline in the jobless rate to 4.1% and a pickup in annual wage growth to 4%.

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Morning Bid: Stocks stall, Hang Seng decimated, oil ebbs​

October 8, 2024 6:15 AM EDT

A look at the day ahead in U.S. and global markets from Mike Dolan

World markets painted a messy picture on Tuesday, with recently pumped-up crude oil prices retreating sharply and disappointment surrounding China's economic stimulus already setting in - knocking Hong Kong shares (.HSI), opens new tab back almost 10%.

The return of mainland Chinese markets after a week's holiday there did see the CSI300 (.CSI300), opens new tab index play catch-up with another jump of about 6%. But the Hang Seng, which had remained open for much of the week and rallied significantly during that time, turned tail.

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