Guavy Wire
Earlier in Commodities
All Commodities leads
Oil Prices Dip as Trump Favors Diplomacy Over Iran Strikes Ahead of Midterms
Oil prices fell on Monday, November 2, as traders weighed the risk of renewed U.S. strikes on Iran against signs of diplomatic progress ahead of the U.S. midterm elections. Brent crude dropped below $112 a barrel, while WTI fell 1.7% to $102.34. U.S. President Donald Trump favored diplomacy but warned of the ability to destroy Iran's nuclear facilities within 10 minutes. Iran's leadership gave mixed signals, preparing for confrontation while indicating progress in talks. OPEC+ members agreed to keep output quotas unchanged for December amid ongoing regional tensions.
Oil
Natural Gas
Gold Recovers Near $3,900 Amid Inflation and Rate Hike Fears
Oil
Gold
Rising borrowing costs force governments to tighten budgets
Oil
Iran War Drives Up Global Food Prices and Oil Costs
Oil
Barrick Mining Drops 2.56% Despite Strong Financial Results
Gold
Copper
Energy Transfer Eyes Strong Earnings Amid Growth Momentum
Natural Gas
Russian Stocks Mixed MOEX Index Unchanged at Close
Oil
Gold
Natural Gas
Earlier in Crypto
All Crypto leads
Binance Faces $3.64 Billion Outflows After Major Hack
Binance saw $3.64 billion in net outflows after reopening withdrawals following a $6.3 billion hack. The exchange processed $4.65 billion in withdrawals and $1.01 billion in deposits on November 1. Changpeng Zhao reassured users that 98% chose to stay, while the FBI attributed the hack to North Korean hackers. Binance has covered 95% of the stolen funds and continues to stabilize withdrawal volumes.
BNB
Binance users withdraw billions after record crypto hack
BTC
ETH
BNB
Binance users withdraw billions after record crypto hack
BTC
ETH
BNB
Quant Dips 3.09% in Normal Consolidation After Rally
BTC
QNT
Catecoin Dips 41% in 30 Days Amid Neutral Market Signal
DOGE
Binance Resumes Withdrawals Amid $5.8 Billion Outflow
BNB
Crypto scams top financial fraud losses in Thailand
ACS
Earlier in Forex
All Forex leads
Dollar steady ahead of US midterms as crypto markets recover from Binance heist
The dollar and major currencies were rangebound ahead of the US midterm elections, with the euro near a 17-month low. Democrats are favored to win the House, but the Senate remains uncertain. Bitcoin and Ether rebounded slightly after a $6.3 billion Binance heist linked to North Korea. The yen weakened, while the Australian dollar awaited a rate decision. Hedge funds faced significant losses in October, reducing market capacity to absorb election surprises.
USD
JPY
GBP
AUD
Japan-US FX Statement Active as Yen Concerns Persist
USD
JPY
Canada's Rising Debt Costs Pose Long-Term Fiscal Risks
CAD
New Zealand’s Two-Speed Economy Challenges Ruling National Party
NZD
Westpac Profit Flat at $6.8 Billion Amid Housing Slump
AUD
Australian Property Values Drop for Seventh Month Adelaide Hardest Hit
AUD
AI Risk Overtakes Geopolitical Concerns as Oil and Bonds Decouple
USD
Earlier in Stocks
All Stocks leads
Trump Defends Nvidia CEO Amid Chinese Spy Allegations
President Donald Trump defended Nvidia CEO Jensen Huang amid reports of a suspected Chinese spy targeting him, calling Huang brilliant but pledging to review the allegations closely. The New York Times reported that a Singapore-based executive linked to Huang was identified as a Chinese intelligence asset, though Nvidia dismissed the claims. Huang remains on the President’s advisory council, and Sen. Elizabeth Warren has called for his testimony. Nvidia’s shares closed down 4.22% on Friday but rebounded slightly in extended trading.
NVDA
Microsoft AI Chief Warns Against Developing Conscious Artificial Intelligence
MSFT
Nvidia Leads Magnificent Seven as Top 2030 Investment
AAPL
AMZN
MSFT
NVDA
Torvalds highlights AI integration in Linux kernel 7.4 release
GOOGL
Reddit Stock Crashes 29% as Google AI Squeezes Traffic
GOOGL
S&P 500 at Record Highs Sparks Debate on Market Timing
AAPL
AMZN
MSFT
NVDA
Google Honors Native American Heritage Month with Beaded Doodle
GOOGL