Iranian currency falls to historic low after Donald Trump named next president of the United States
“One-hundred percent he will intensify the sanctions.”
‘Biggest comeback in US political history’: World leaders congratulate Trump on historic election win
“Congratulations to President Donald Trump on his enormous win. A much needed victory for the World,” said Hungarian PM Viktor Orban.
NewsWare’s Trade Talk: Wednesday, November 6
S&P Futures are higher this morning with the election outcome in focus. A Republican sweep of the house and senate means less gridlock. Bond yields are on the rise and the dollar is strengthening. Markets are likely to show strong momentum this morning. On the earnings front CVS, IRM, JKHY & PRGO are higher after announcements. After the bell today ARM, QCOM, GILD, MCK and LYFT are scheduled to release. The FOMC meeting begins today with an announcement scheduled for Thursday. In Europe, markets are higher and economic releases were positive. Oil prices are falling as the API’s stockpile estimates indicated weakness ahead of today EIA report.
US embassies in Europe say they won’t be throwing election night parties because of Trump
“I don’t think there was appetite to watch another Trump victory.”
Ukraine engages with North Korean troops in Russia for first time during war: report
“Despite integration challenges — including communication barriers and differing military doctrines — the deployment of North Korean troops to Russia represents a significant shift in European and Asian security relations.”
North Korea fires missiles into sea near Japan ahead of US elections
“North Korea’s actions, including a series of repeated missile launches, threaten the peace and safety of Japan, the region and the international community.”
NewsWare’s Trade Talk: Tuesday, November 5 | NewsWare‘s Trade Talk
S&P Futures are higher this morning with the focus on today’s presidential election. While there will be elevated political commentary throughout the day, earnings and economic news will be a source of volatility. Boeings machinist union agrees to end strike. EU investigators conducted searches of NFLX offices due to a tax fraud investigation. APO, HIMS, LPX, PLTR & RACE all delivered earnings beats. MPC announced a $5B share buyback. In Europe, markets remain cautiously higher with commodity related stocks trading higher. Oil prices are higher due to positive economic data out of China.
Keir Starmer to deploy drones as part of £75 million funding package to help UK officials detain migrant smugglers
“We have got to combine resources, share intelligence and tactics, and tackle the problem upstream, working together to shut down the smuggling routes.”
Israel’s Foreign Ministry cancels agreement with UNRWA
Last week, a law was passed by the Knesset severing all ties between Israel and UNRWA after employees of the agency were accused of participating in the Oct 7, 2023 attacks and the UN of failing to adequately address it.
Leaked docs show Algerians knew women’s Olympic boxing champ Imane Khelif was male with micropenis, internal testes: report
The clinical report revealed that an MRI was conducted on Khelif, with showed the boxer had no uterus, and in its place were internal testicles and a “micropenis” that resembled an enlarged clitoris.