Open: New York Session | Forex, Metals, Oil, Agriculture November 10, 2022

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

Currencies

The dollar climbed to session high, rising against all G-10 currencies, barring Sterling.

Metals

Meager rains have resulted in a historic drought on America s main waterway, forcing traffic of everything from grains to coal and steel to a crawl. Gold was little changed, and US oil benchmark futures fell below $85 a barrel.

United States

Inflation outlook The all-important inflation data is out in the US later today, with expectations for a fall in the headline number, from 8.2% y/y to 7.9%. Only two Black women have ever held office in the US Senate. Abortion rights won big in the US midterm elections. The US Northeast is hurtling toward a winter heating crisis. S&P 500 and Nasdaq 100 futures made modest gains as of 6:00 a.m. New York time. Sean Diddy Combs wants to build the largest Black-owned cannabis company in the US.

China

In the past, Beijing has largely avoided any mention of Taiwan at such events and vigorously opposed Taipei s attempts to participate in international forums, including the COP summits.

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