Open: New York Session | Forex, Metals, Oil, Agriculture December 12, 2022

A member of the National Guard plays a trumpet during a flag rai

Currencies

The dollar traded near its lowest levels of the day, resulting in mixed trading for Group-of-10 currencies.

Metals

Oil and gold fell, and Bitcoin headed for a second straight day of declines.

United States

Almost 40 million kids across the world missed a measles shot last year, according to a report published last month by the WHO and the US CDC. Fe View in browser The Federal Reserve prepares another rate hike, retail and professional investors clash on Fed trades and Covid spreads rapidly in China. Retail vs pros As for trades ahead of the Fed meeting, retail and professional investors are divided. Florida Governor Ron DeSantis thanked some of his donors at a closed-door meeting in Miami yesterday, sidestepping any mention of Donald Trump and possible plans to run for president.
Karen Bass was sworn in as Los Angeles mayor yesterday after she became the first female and the second Black person elected to run the US city. They served time in a Japanese prison before being transferred to the US, where they were released last month. Fed focus Federal Reserve Chair Jerome Powell and his colleagues look set to increase benchmark rates by 50 basis points to a 4.25% to 4.5% target range on Wednesday.
Upbeat markets S&P 500 and Nasdaq 100 futures both rose about 0.2% as of 5:09 a.m. in New York.

China

Scenes of disruption are easily visible in Beijing, where anecdotal evidence suggests the caseload is many times the government s tally of 1,133 for Sunday.

Europe

European Union foreign ministers are also meeting in Brussels to discuss support for Ukraine through the winter.

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