Close: London Session | Forex, Metals, Oil, Agriculture December 08, 2022

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Agriculture

Other reads Coffee makers.

Currencies

The dollar traded near the day s highs, pressuring all Group-of-10 currencies.

Metals

Oil advanced while gold fell, and Bitcoin was little changed after falling nearly 1% on Wednesday.

United States

Free fall | Used-car prices across the US fell again in November, as a sluggish economy and rising inventories continue to put pressure on rental companies and automotive retailers. It could be a boon to the American driver, help industry and yes (in a sense) be profitable for the US taxpayer (even though that’s a dubious concept). Trump s lawyer argued that presidential immunity would protect him from lawsuits even if he had urged his supporters to burn Congress down while in office.
But first This week s must-read news The US Supreme Court signaled support for a web designer who doesn t want to work with same-sex couples. It s astonishing, said Harvard University professor Jeremy Stein, who as a Fed governor from 2012 to 2014 paid special attention to financial stability issues. Mixed markets S&P 500 futures were little changed as of 5:53 a.m. in New York, while Nasdaq 100 contracts climbed 0.2%. One potential explanation for why working-age men in the US are leaving the labor market.
2 Senate Republican, called Trump s obsession with his defeat to Biden an albatross.

China

The move potentially aligns their trade rules with US efforts to restrict Beijing s access to high-end technology.

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