Free AI web copilot to create summaries, insights and extended knowledge, download it at here

Abstract

.<figure id="6fe6"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*KPp5xSo5RtujWPIqDSnn1w.png"><figcaption></figcaption></figure>US dollar Index was downed by 0.07% ended at 106.16 points. China haven’t changed its basic rate today, applying same rate once again.Japanese Yen hit the meaning full 150 yen line today and Bank of Japan intervened the market right away. At the end, Japanese Yen ended at 149.89 yen/dollar.Euro was up 0.5%, Pound was up 0.1% against US dollar today. Gold price was up as well, raised by 0.3% and ended at $1,979.90 per Oz. Global hot invested funds are gathering into SAFE HAVEN ASSETS.<figure id="8a0b"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*zg-KSVp7le6kIW3n5nZpwA.png"><figcaption></figcaption></figure>Crude oil prices fell today as HAMAS released two American hostages today. NYMEX Brent oil prices were downed by 0.2% and ended at$ 92.16 per barrel.This crude oil market depends on how Israeli incident develops from now on. So far, it doesn’t look so pretty at all. If Israeli tanks move into GAZA city, it will a small-scale world war again.<figure id="b425"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*l9D6Lgf9xjPX4tOKmBew9w.png"><figcaption></figcaption></figure>In the agricultural markets, it was a kind of reversed end of the week market. There were some technical selling led the market whole day.But as we all, witnessed this week, CHINA’s BUYING,

Options

UNSTABLE RUSSIANS, and DROUGHT SOUTH AMERICA, These 3 issues are leading the markets to the rally for the next week.Let’s see some details.CHICAGO CORN MARKET was downed by 1.9% today. Corn prices usually have a habit of setting a seasonal low around early October. Chicago corn futures are for now following the historical trend. Yesterday, CORN PRICE closed above $5.00/bu for the first time in two months, up by 6% for the month so far. US and other NORTHERN HEMISPHERE NEW CROP CORN supplies are not that short but not that as big as expected 2 months ago. Adding on this, SOUTH AMERICAN CROPS are not that good either.CHICAGO WHEAT MARKET was downed 1.4% today, there were some technical SET BACKS and PROFIT TAKING SELLING but overall, the strength in corn is supporting prices in wheat as well. CHICAGO DECEMBER WHEAT CONTRACT breached$ 6.00/bu this week for a while and touched £200/MT line in LONDON FEED WHEAT MARKET. Adding to this, CHINA is keep buying wheat and RUSSIAN’s CROP is very unstable status.CHICAGO SOYBEAN MARKET was downed by 1.0% today with some technical setbacks and SOYBEAN MEAL & SOYBEAN OIL MAKRET were ended with REVERSIAL ACTIONS. CHICAGO SOYBEAN NOVEMBER CONTRACT have breached above $13.00/bu this week and it was the highest prices in 4 WEEKS. UNSTABLE STATUS OF SOUTH AMERICAN status pushed the market to the rally with MORE CHINESE BUYING. However, PARIS RAPESEED MARKET and EASTERN EUROPE’s SUNFLOWER SEED MARKET have weakened again in this week.</article></body>

OCT 20. Israeli amry will move in this weekend?

Main topic of the global finance markets is quickly moving to the US markets. Mr. Powell mentioned that “ Strong US economy need to be restraint more for the inflations” which quickly impacted the equity and bond markets worldwide.

USA’s Treasury bond yield breached 5% for a short period of time but came down soon. Japanese Yen hit the 150 yen/dollar today and Bank of Japan intervened the market. Hamas released two American hostages today them crude oil prices fell. Things are getting more complicated now and investors are closely watching what’d happen at GAZA over the weekend.

US stock market was downed again today with Mr. Powell’s possible rate hike comment. Tesla’s stock is falling another 3.7% today. Q3 earnings are keep supplying good news to the US equity market today. But investors were more afraid of possibility of rate hike than poor earnings.

DJ Index was downed by 0.9%, S&P 500 index was downed by 1.3% NASDAQ Index was downed by 1.5% today.

Apple was downed by 1.5%, Amazon was downed by 2.5%, MS was downed by 1.4% today. This week alone, European stock was downed by 1.6% and US stocks fell 2.0%.

US dollar Index was downed by 0.07% ended at 106.16 points. China haven’t changed its basic rate today, applying same rate once again.

Japanese Yen hit the meaning full 150 yen line today and Bank of Japan intervened the market right away. At the end, Japanese Yen ended at 149.89 yen/dollar.

Euro was up 0.5%, Pound was up 0.1% against US dollar today. Gold price was up as well, raised by 0.3% and ended at $1,979.90 per Oz. Global hot invested funds are gathering into SAFE HAVEN ASSETS.

Crude oil prices fell today as HAMAS released two American hostages today. NYMEX Brent oil prices were downed by 0.2% and ended at $92.16 per barrel.

This crude oil market depends on how Israeli incident develops from now on. So far, it doesn’t look so pretty at all. If Israeli tanks move into GAZA city, it will a small-scale world war again.

In the agricultural markets, it was a kind of reversed end of the week market. There were some technical selling led the market whole day.

But as we all, witnessed this week, CHINA’s BUYING, UNSTABLE RUSSIANS, and DROUGHT SOUTH AMERICA, These 3 issues are leading the markets to the rally for the next week.

Let’s see some details.

CHICAGO CORN MARKET was downed by 1.9% today. Corn prices usually have a habit of setting a seasonal low around early October. Chicago corn futures are for now following the historical trend. Yesterday, CORN PRICE closed above $5.00/bu for the first time in two months, up by 6% for the month so far. US and other NORTHERN HEMISPHERE NEW CROP CORN supplies are not that short but not that as big as expected 2 months ago. Adding on this, SOUTH AMERICAN CROPS are not that good either.

CHICAGO WHEAT MARKET was downed 1.4% today, there were some technical SET BACKS and PROFIT TAKING SELLING but overall, the strength in corn is supporting prices in wheat as well. CHICAGO DECEMBER WHEAT CONTRACT breached $6.00/bu this week for a while and touched £200/MT line in LONDON FEED WHEAT MARKET. Adding to this, CHINA is keep buying wheat and RUSSIAN’s CROP is very unstable status.

CHICAGO SOYBEAN MARKET was downed by 1.0% today with some technical setbacks and SOYBEAN MEAL & SOYBEAN OIL MAKRET were ended with REVERSIAL ACTIONS. CHICAGO SOYBEAN NOVEMBER CONTRACT have breached above $13.00/bu this week and it was the highest prices in 4 WEEKS. UNSTABLE STATUS OF SOUTH AMERICAN status pushed the market to the rally with MORE CHINESE BUYING. However, PARIS RAPESEED MARKET and EASTERN EUROPE’s SUNFLOWER SEED MARKET have weakened again in this week.