Close: London Session | Forex, Metals, Oil, Agriculture October 04, 2022



That s doubly important at a time when the dollar is getting stronger and central banks are increasing interest rates. The dollar eased for a second day, while oil, gold and bitcoin rose. Meanwhile Richmond Fed President Thomas Barkin noted that dollar contagion is a risk, though officials are focused on the US economy.


Several natural gas pipeline companies created SLBs that managed to exclude the vast majority of their emissions.Over the past decade climate activists became much more sophisticated about finance. One of the big stories right now is that the US is set to become a LNG export powerhouse, as more and more export terminals get built. But a globalized market for LNG is likely to push up prices for the domestic energy consumer. Of course, this isn’t to say that the opening of LNG exports won’t be a win-win, with benefits for the domestic economy.

United States

Not restrictive | New York Fed Chief John Williams said rates are still not yet at restrictive levels and that tightening has significant ways to go. The top US National Archives attorney emailed former White House lawyers in May 2021 to say that correspondence between former President Donald Trump and Kim was missing. US data include JOLTS job offerings, which are important given that Fed Chair Jay Powell described openings as incredibly high in the last press conference.
Trump is suing CNN for defamation, accusing the network of smearing him including with frequent comparisons to Adolf Hitler to undermine a potential run for re-election in 2024. Trump sues CNN for at least $475 million Europe s real estate party is coming to an end The Onion filed a brief with the Supreme Court. Coming up Fed s John Williams, Lorie Logan, Loretta Mester, Mary Daly and Philip Jefferson speak at events on Tuesday as investors listen for any dovish tilt.
Japanese Prime Minister Fumio Kishida and the US condemned the launch, while South Korean President Yoon Suk Yeol warned of a resolute response. Certainly Europe is likely to be a major importer from the US, as flows from Russia collapse. S&P 500 futures rose 1.8% and the tech-heavy Nasdaq 100 climbed 2.2% as of 6:20 a.m. New York time. Wall Street banks and their European counterparts are active players here.


Need-to-Know Research Beijing s Covid-Zero policy hasn t just had an impact on China s spending and economic growth rates. One more challenge as President Xi Jinping nears his third term.