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Trade ideas thread - Monday, 10 October 2022
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- USD
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Crude oil futures settled at $76.05
- Fed preview: Warsh walks into a minefield -- a look at early stumbles of other Chairmen
- The US treasury sells $13 billion of 20 year bonds at a high yield of 4.927%
- The USD is moving lower (except against the JPY)
- Nasdaq corrects lower in trading today, but backs into support target area.
- Oil falls further on a report that Iran could be allowed to immediately sell oil
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Iran war fallout: World Bank slashes global growth to 2.5%, warns of 1.3% if markets hit.
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CTI cuts challenge prices to $449, commissions near $5/lot. Payouts >7% industry avg.
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