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Former U.S. Treasury Secretary Janet Yellen said that Federal Reserve Chair nominee Kevin Warsh lacks "credibility" in advocating for interest rate cuts.On April 15th, Zhengzhou rapeseed meal futures opened higher but then trended downwards. Canadian canola futures closed lower, with the benchmark contract down 0.1%, mainly dragged down by the continued decline in international crude oil futures. Rapeseed meal spot prices weakened, although cost support and demand gradually increased. However, expectations of concentrated arrivals of Canadian canola at ports have strengthened, and the operating rate of coastal crushing plants is steadily recovering, suggesting that rapeseed meal output is expected to increase. Therefore, rapeseed meal prices are expected to fluctuate and adjust.According to an ABC News reporter, Trump was unconcerned about Hungarian Prime Minister Viktor Orbáns defeat and expressed his appreciation for incoming Prime Minister Peter Majol.On April 15th, the General Office of the State Council issued the "Opinions on Improving the Drug Price Formation Mechanism." This morning, the State Council Information Office held a regular policy briefing. Gong Xiangguang, Director of the Department of Drug Policy and Essential Medicines System of the National Health Commission, introduced that the next step will be to establish a collaborative monitoring mechanism with relevant member units to achieve information sharing on raw materials and preparations in registration, production, procurement, and pricing, and to plan ahead to mitigate potential drug shortage risks. Comprehensive assessments will be conducted to strengthen the dynamic adjustment management of the list of drugs in short supply, especially guiding the dynamic adjustment management of provincial-level lists of drugs in short supply.Futures News, April 15th - Data released by the Petroleum Institute of Japan (PAJ) on Wednesday showed that for the week ending April 11th, Japans commercial crude oil inventories stood at 8,901,982 kiloliters, a decrease of 140,000 kiloliters from the previous weeks 9,041,982 kiloliters. The BPSD (Breakfast Processing Capacity) utilization rate for the week ending April 11th was 75.90%, compared to 74.30% the previous week. The BPCD (Breakfast Processing Capacity Designed Capacity) utilization rate was 67.80%, compared to 67.70% the previous week. Before the oil supply disruptions caused by the US-Israel-Iran conflict, Japanese refinery operating rates had exceeded 80%.

At market close, Israeli equities dropped; the TA 35 index declined 0.64 percent

Aria Thomas

Jul 05, 2022 11:10


The Israel stock market declined on Monday evening, with losses in the Banking, Insurance, and Financials sectors leading the slide.


At the market's close in Tel Aviv, the TA 35 fell 0.64 percent.


During the session, Energix (TASE:ENRG) had the best performance on the TA 35, collecting 5.27 percent of 61.00 points to end at 1,218.00. Strauss Group (TASE:STRS) jumped 2.07 percent, or 180 points, to $8,859.00 at the conclusion of trade, while Azrieli Group Ltd (TASE:AZRG) advanced 1.08 percent, or 270 points, to $25,300.00 in late trading.


Israel Corp (TASE:ILCO) ended the day with the worst performance, sliding 3.96 percent, or 6,240.00 points, to 151,260.00. ICL Israel Chemicals Ltd (TASE:ICL) closed the day at 3,097.00, down 3.07 percent, or 98.00 points, while Kenon Holdings Ltd (TASE:KEN) down 2.28 percent, or 310.00 points, to 13,310.00.


On the Tel Aviv Stock Exchange, decreasing stocks outnumbered rising stocks by a ratio of 276 to 201, with 39 remaining unchanged.


The August delivery price per barrel of crude oil increased 1.82 percent, or $1.97, to $110.40. Brent oil for September delivery rose 1.75 percent, or $1.95, to $113.58 per barrel, while the August Gold Futures contract rose 0.28 percent, or $5.00, to $1,802.50 per troy ounce.


The USD/ILS exchange rate fell 0.60 percent to 3.50, while the EUR/ILS exchange rate fell 0.64 percent to 3.65.


The US Dollar Index Futures climbed 0.07 percent to 104.98.