U.S. stocks hold gains after Fed minutes release
On 10 October, US stocks maintained gains after the release of the Fed minutes, with the SP 500 up 0.5%, the Dow up 0.9% and the Nasdaq up 0.38%.
The dollar against the yen USD/JPY short-term up 10 points, now at 149.25. USD/JPY short-term few fluctuations, now at 149.23, up 0.7%. EUR/USD EUR/USD was little changed, down 0.37% on the day at 1.0939, while the yield on the US two-year Treasury note eased slightly to 4.011%.
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Saudi Arabia’s oil shipments to Asia surged to nearly 100 million barrels, with Aramco proactively covering transportation and delivering directly to China, India, and Japan-South Korea: Supply shortage expectations meet the reality of correction.
According to reports, since the middle of last week, Saudi Arabia has sold approximately 100 million barrels of crude oil to China, India, Japan, and South Korea, with delivery periods covering October and November. At the same time, Saudi Aramco has made a rare commitment in these transactions to handle logistics and transportation, delivering the crude oil directly to Asian customers. Previously, due to soaring oil prices, Asian refineries had been considering reducing operating rates. This large-scale supply has to some extent mitigated the supply risks faced by Asia.
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