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July 9th - According to China.com, the State Council Information Office will hold a press conference at 10:00 AM on Tuesday, July 14th, 2026, where Wang Jun, Deputy Director of the General Administration of Customs, will introduce the import and export situation in the first half of 2026 and answer questions from reporters.July 9th - Following the second consecutive day of US strikes against Iran, the fragile ceasefire agreement between the two countries is increasingly unstable, bringing traffic in the Strait of Hormuz to a near standstill on Thursday. Ship tracking data shows that observable traffic on this vital global energy corridor is concentrated primarily on the northern side of the waterway, via Iranian-approved routes, while the US-backed Oman corridor is virtually deserted. Among large vessels, only one very large crude carrier (VLCC) sanctioned by the US has left the Persian Gulf, while one container ship flying the Iranian flag was seen in the strait. However, it cannot be ruled out that some vessels may have passed through the strait with their transponders switched off. This contrasts sharply with recent daily activity in the Strait of Hormuz. Kpler data shows that in the three weeks since the US and Iran reached a temporary agreement to reopen the Strait of Hormuz, the average daily transit of cargo ships has been 34, peaking at 59 on June 24th, compared to less than 20 on most days during the war.July 9th - According to a press conference held today by the National Forestry and Grassland Administration, as part of the APEC China Year series of events, under the guidance of the Ministry of Natural Resources, the National Forestry and Grassland Administration, the Peoples Government of Guangdong Province, and the Peoples Government of Shenzhen Municipality will convene the APEC Forestry Ministerial Meeting in Shenzhen from July 27th to 28th. The theme of the meeting is "Building a Green Asia-Pacific and Sharing Ecological Benefits".MINIMAX-W (00100.HK) fell by more than 10%.New York silver futures fell below $58 per ounce, down 1.21% on the day.

Dow Futures decline as earnings season begins

Charlie Brooks

Oct 10, 2022 15:23

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On Sunday evening, U.S. stock futures were trading lower after major benchmark indices ended the week with mixed results amid volatile trading conditions. The upcoming week will be a busy one for investors, as corporate earnings, FOMC minutes, and highly anticipated consumer price data are scheduled for release.


At 7:10pm ET (11:10pm GMT), Dow Jones Futures were down 0.5%, while S&P 500 Futures and Nasdaq 100 Futures each fell 0.6%.


This week, market participants will closely monitor the speeches of Fed policymakers Evans and Brainard, as well as FOMC members Harker and Mester, for additional clues on the Fed's rate hike trajectory. In addition, fresh PPI and CPI data, the most recent FOMC meeting minutes, retail sales, and Michigan consumer sentiment will be monitored, along with fresh earnings results from Morgan Stanley (NYSE:MS), JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC), and PepsiCo Inc (NASDAQ:PEP) (NYSE:DAL).


On Friday, the Dow Jones Industrial Average fell 360.2 points, or 2.1%, to 29,296.8; the S&P 500 fell 104.9 points, or 2.8%, to 3,637.7; and the NASDAQ Composite fell 420.9 points, or 3.0%, to 10,242.4. The Dow gained 1.5% for the week, whereas the S&P 500 gained 0.8% and the NASDAQ only gained 0.1%.


The 10-Year United States bond market interest rate was 3.885%.