Bob Iaccino covers the early bounce in U.S. equities led by Dow futures, alongside a rally in gold, silver and copper. He examines the steep drop in WTI crude oil as diplomatic efforts in the Middle East reduce the geopolitical risk premium. Bob then discusses tomorrow's midterm elections, highlighting how the battle for congressional control could shift expectations for taxes, spending and tariffs, and potentially add volatility across asset classes. Finally, he previews a massive slate of corporate earnings alongside the RBA interest rate decision, U.S. JOLTS job openings and factory orders data.
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