The Latest | In Israel, Blinken pushes Hamas to agree on Gaza cease-fire deal
U.S. Secretary of State Antony Blinken was in Israel on Wednesday to press for a cease-fire deal in the Israel-Hamas war, saying “ the time is now ” and warning that Hamas would bear the blame for any failure to reach an agreement to halt the war in Gaza. Blinken greeted the families of Israeli hostages held in Gaza who were protesting outside a meeting between him and Israel’s president, telling them that setting their loved ones free was “at the heart of everything we’re trying to do.” On his seventh visit since the latest war between Israel and Hamas broke out in October, Blinken is trying to advance a truce that would free hostages held by Hamas in exchange for a halt to the fighting and delivery of much needed food, medicine and water into Gaza. Palestinian prisoners are also expected
How the Israeli-Hamas Conflict Could Impact Global Financial Market？
Hello Tigers,This article was jointly written by Kevin Chen, chief economist of Horizon Financial, adjunct professor at New York University, and Cao Huining, professor at Cheung Kong Graduate School of Business.1. Crude oil, gold and foreign exchange markets On Saturday, October 7, after the outbreak of conflict, crude oil futures opened with a sharp 4.5% gain on Sunday night. However, many fund managers and sell-side analysts on Wall Street generally felt that the crude oil market's response was below expectations.The reaction appears to be lower than before for several reasons:Firstly, crude oil $WTI Crude Oil - main 2312(CLmain)$ prices have already risen sharply in September due to production cuts by Saudi Arabia and Russia. Compared
PLTR surged 4.5% yesterday, many people believe it's due to the Israel-Palestine conflict. Well, companies that provide national security information should benefit from such situations. $Palantir Technologies Inc.(PLTR)$ However, are national security orders really that easy to come by and go away? Apparently not. It is believed that Hamas attack was a "major failure of the Israeli intelligence agencies," and Israeli intelligence has been cooperating with Palantir since 2015. If that's the case, why didn't PLTR help Israel predict this attack? As an investor, the question to consider is the issue of government orders. If PLTR predicted it but Israel didn't take it seriously, will Israel continue to use PLTR or increase order amounts in the future
Prospect of crude oil hitting usd100/barrel is back on the table. Similarly the turmoil will escalate the Gold price to usd2000/Oz if Middle-East war continues...🤔
The Latest | In Israel, Blinken pushes Hamas to agree on Gaza cease-fire deal
U.S. Secretary of State Antony Blinken was in Israel on Wednesday to press for a cease-fire deal in the Israel-Hamas war, saying “ the time is now ” and warning that Hamas would bear the blame for any failure to reach an agreement to halt the war in Gaza. Blinken greeted the families of Israeli hostages held in Gaza who were protesting outside a meeting between him and Israel’s president, telling them that setting their loved ones free was “at the heart of everything we’re trying to do.” On his seventh visit since the latest war between Israel and Hamas broke out in October, Blinken is trying to advance a truce that would free hostages held by Hamas in exchange for a halt to the fighting and delivery of much needed food, medicine and water into Gaza. Palestinian prisoners are also expected
How the Israeli-Hamas Conflict Could Impact Global Financial Market？
Hello Tigers,This article was jointly written by Kevin Chen, chief economist of Horizon Financial, adjunct professor at New York University, and Cao Huining, professor at Cheung Kong Graduate School of Business.1. Crude oil, gold and foreign exchange markets On Saturday, October 7, after the outbreak of conflict, crude oil futures opened with a sharp 4.5% gain on Sunday night. However, many fund managers and sell-side analysts on Wall Street generally felt that the crude oil market's response was below expectations.The reaction appears to be lower than before for several reasons:Firstly, crude oil $WTI Crude Oil - main 2312(CLmain)$ prices have already risen sharply in September due to production cuts by Saudi Arabia and Russia. Compared
PLTR surged 4.5% yesterday, many people believe it's due to the Israel-Palestine conflict. Well, companies that provide national security information should benefit from such situations. $Palantir Technologies Inc.(PLTR)$ However, are national security orders really that easy to come by and go away? Apparently not. It is believed that Hamas attack was a "major failure of the Israeli intelligence agencies," and Israeli intelligence has been cooperating with Palantir since 2015. If that's the case, why didn't PLTR help Israel predict this attack? As an investor, the question to consider is the issue of government orders. If PLTR predicted it but Israel didn't take it seriously, will Israel continue to use PLTR or increase order amounts in the future
Prospect of crude oil hitting usd100/barrel is back on the table. Similarly the turmoil will escalate the Gold price to usd2000/Oz if Middle-East war continues...🤔
Middle East Violence, September Inflation Data, JPMorgan Chase, Pepsi, Delta, and More to Watch This Week
September inflation data and the start of earnings season are the highlights for investors this week. The stock market will be open on Monday, but U.S. bond markets will be closed.The unofficial start of third-quarter earnings season comes on Friday, with results from several big banks. Citigroup, JPMorgan Chase, and Wells Fargo will all reporting before the market opens, as will BlackRock and UnitedHealth Group.Other companies publishing results this week include PepsiCo on Tuesday, then Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance on Thursday.On Thursday, all eyes will be on the Bureau of Labor Statistics' consumer price index for September. On average, economists are predicting increases of 0.3% in both the headline CPI and the core CPI, which excludes food and energy components. That would bring the year-over-year inflation rate to 3.6% and 4.1%, respectively, both lower than in August.The BLS releases the consumer price index for September. Economists