EUR/USD
1.15613
-0.028%
Gold
3976.93
0.003%
Oil
61.180
0.206%
USD/JPY
153.149
0.079%
GBP/USD
1.32960
-0.044%
GBP/JPY
203.630
0.035%
Real-time News
On October 10, local time, on October 9, U.S. federal judge April Perry granted a partial restraining order temporarily blocking the Trump administrations deployment of National Guard troops in Illinois. State and local leaders had previously strongly objected to the deployment. Perry ruled in court that the Department of Homeland Securitys assessment of the situation in the Chicago area was "not credible," noting there was no evidence of an "organized insurrection" in Illinois or that local law enforcement agencies were "unable to maintain order." She stated that while protests and vandalism were present, "adding troops without law enforcement training would only add fuel to the fire."1. The three major U.S. stock indices closed slightly lower, with the Dow Jones Industrial Average down 0.52%, the S&P 500 down 0.28%, and the Nasdaq down 0.08%. Boeing fell over 4%, and Travelers Group fell nearly 3%, leading the Dow lower. The Wind S7 Index rose 0.1%, with Facebook up over 2%, and Nvidia up over 1%. Most Chinese concept stocks fell, with Hesai Technology down over 7% and Xpeng Motors down over 5%. 2. The three major European stock indices closed mixed, with Germanys DAX up 0.06%, Frances CAC 40 down 0.23%, and the U.K.s FTSE 100 down 0.41%. 3. U.S. Treasury yields rose across the board, with the 2-year Treasury yield up 0.83 basis points, the 3-year up 1.67 basis points, the 5-year up 1.92 basis points, the 10-year up 1.55 basis points, and the 30-year up 0.98 basis points to 4.721%. 4. The Gaza ceasefire agreement and the fading of Middle East geopolitical risk premiums weighed on oil prices, which settled at $61.52 per barrel. Brent crude oil futures fell 1.54% to $65.23 per barrel. 5. International precious metals futures generally closed lower, with COMEX gold futures down 1.95% at $3,991.10 per ounce and COMEX silver futures down 2.73% at $47.66 per ounce. The ongoing US government shutdown has left Federal Reserve officials divided on the economic outlook. The European Central Bank maintained interest rates unchanged, and the easing of tensions in the Middle East has weakened safe-haven demand. However, the implementation of the agreement remains to be seen. 6. London base metals rose across the board, with LME tin futures up 1.16% to $36,820.00/ton, LME aluminum futures up 1.05% to $2,782.50/ton, LME copper futures up 1.01% to $10,776.50/ton, LME lead futures up 0.92% to $2,020.50/ton, and LME nickel futures up 0.91% to $15,485.00/ton.Perus central bank kept its benchmark interest rate at 4.25%.On October 10th, according to Politico, U.S. Republican Senator Markwayne Mullin is proposing a new short-term appropriations bill that will keep the government running until December 18 or 19. "The biggest question we have to find out now is whether it is feasible to continue to use the November 21 date in the event of a government shutdown?" Mullin told a small group of reporters Thursday night. "I dont think so." It is unclear whether Democrats will accept his suggestion. Mullin said that the White House will participate in future negotiations on health care subsidies after the government reopens. "In terms of health care, the president has made it clear that he wants to do something in this regard. I mean its obvious."Reserve Bank of Australia Governor Bullock: We remain data-driven in policy making.
