✨Hello traders! Hope you're doing great! Let's look through some news that is interesting for today's market session:
📈Yesterday, S&P 500 ended the day on a positive note, with the energy sector leading the gains, adding 5.8%. Also, US stocks rose on the first day of the fourth quarter, posting the biggest daily gain since August.
🚗Tesla deliveries of 343,830 vehicles set a new record, but it's still lower than the 358,000 expected. After a report on deliveries that didn't meet expectations and Musk's forecast for the development of the conflict in Ukraine, Tesla stock lost 9%.
🇺🇸US stocks and government bonds rebounded after a disappointing US manufacturing report prompted traders to back off betting on continued aggressive tightening by the Fed. The dollar fell.
🇦🇺Australia's central bank surprised investors by raising interest rates by a quarter of a percentage point, breaking a streak of excessive increases and lowering national currency and government bonds yields.
🛢Oil price rose after posting its biggest single-day gain since May, as the market reacted to OPEC for a substantial supply cut. At the moment, XBRUSD is $88.85.
🇧🇷Brazilian assets rose after President Jair Bolsonaro won in the second round of elections. Investors cheered the better-than-expected results, betting the president's rival would be forced to soften his stance in the election race. On Monday, the Brazilian real showed the best results among the world's major currencies.
Have a great Tuesday and a profitable day!💫
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