News

According to the Financial Times, European authorities are investigating whether Russia was involved in bomb threats.

According to the Financial Times, Britain is preparing to host a state visit by Ukrainian President Volodymyr Zelensky next year.

According to US media reports, Ali al-Thawadi, strategic affairs advisor to the Qatari Foreign Minister, stated that the Iranian leadership is waiting to see if the US midterm elections will change the US policy stance towards Iran. He added that Iran views a previous letter from US Vice President Vance as a gesture of respect and acknowledges Vance's admission that the war was a mistake. Sawadi stated that Iran now hopes the US will take concrete action on an issue that appears to have become a consensus between Democrats and Republicans.

[China's central bank increases gold reserves for 24th consecutive month] China's central bank: China's gold reserves reached 78.3 million ounces at the end of October, up from 77.47 million ounces at the end of September, marking the 24th consecutive month of increases in gold reserves.

Qatari Prime Minister and Foreign Minister: In the past few weeks, we have worked with the US government to de-escalate regional tensions. The US government's intention to reach a solution remains after the midterm elections. We cannot wait for a perfect agreement; we hope to reach a good one. We should not listen to the voices of radicals who want to hijack the negotiation process. We have accomplished much, and I believe we can reach a solution. I have spoken with all the foreign ministers in the region to push for a solution. The Iranian issue cannot remain unresolved; we cannot afford another escalation. The recent escalation has brought no benefit to the region. The best way to unite all parties in the region is to address their concerns.

Qatari Prime Minister: The US government is still willing to seek solutions even after the midterm elections.

US President Trump: Both Russia and Ukraine want to resolve the issue.

US President Trump: Iran built some air defense equipment, and we destroyed it.

US President Trump: I'm dealing with the Iranians and seeing how it goes. A "small number" of cabinet members are expected to leave.

Market news: Google (GOOG.O) has acquired a $548 million stake in Qualcomm (QCOM.O).

Deposits in the U.S. banking system rose to $19.798 trillion from $19.772 trillion the previous week.

The U.S. State Department has approved a potential sale of UH-60M Black Hawk helicopters to Mexico for an estimated $1.08 billion.

The Dow Jones Industrial Average closed down 237.33 points, or 0.46%, at 51,285.73 on Friday, November 6; the S&P 500 rose 23.12 points, or 0.31%, to 7,376.85 on Friday, November 6; and the Nasdaq Composite rose 264.43 points, or 1.09%, to 24,579.42 on Friday, November 6.

According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending November 3, net long positions in the Japanese yen were 102,321 contracts. Net short positions in the euro were 157,791 contracts. Net short positions in the British pound were 59,821 contracts. Net short positions in the Swiss franc were 16,589 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending November 3, speculators increased their net short positions in CBOT U.S. 5-year Treasury futures by 246,314 contracts to 1,275,370 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending November 3, speculators reduced their net short positions in CBOT U.S. ultra-long-term Treasury futures by 21,646 contracts to 361,932 contracts. Speculators also reduced their net short positions in CBOT U.S. Treasury futures by 10,041 contracts to 9,097 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending November 3, speculators reduced their net short positions in CBOT U.S. 10-year Treasury futures by 19,179 contracts to 962,359 contracts. Speculators also reduced their net short positions in CBOT U.S. 2-year Treasury futures by 6,932 contracts to 1,002,544 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending November 3, COMEX gold speculators' net long positions decreased by 3,107 contracts to 104,297 contracts. COMEX silver speculators' net long positions decreased by 238 contracts to 2,665 contracts. COMEX copper speculators' net long positions decreased by 5,988 contracts to 34,444 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending November 3, equity fund speculators reduced their net short positions in the CME S&P 500 by 27,501 contracts to 345,246 contracts.

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending November 3, CFTC equity fund managers increased their net long positions in the CME S&P 500 by 55 contracts to 917,568 contracts.