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Morgan Stanley’s Monica Guerra on Dem’s Midterm Sweep

2 days 6 hours ago
Monica Guerra, Executive Director and Head of Policy and Geopolitical Strategy at Morgan Stanley Wealth Management, says clients’ main question after the Democratic victory was what comes next. She argued that divided government could create a constructive market backdrop by limiting major partisan tax and spending legislation and bringing greater policy restraint and certainty. She speaks with Vonnie Quinn on "The Close." (Source: Bloomberg)

Arabica Coffee Falls in Expectations of Larger Brazil Coffee Exports

2 days 6 hours ago
December arabica coffee (KCZ26 ) closed down -4.20 (-1.48%) on Wednesday, and January ICE robusta coffee (RMF27 ) closed up +18 (+0.56%). Coffee prices settled mixed on Wednesday, with arabica falling to a 5-week low. Coffee prices recovered from their worst level on Wednesday, with robusta moving into positive territory...

Cooler US Weather Forecasts Lift Nat-Gas Prices

2 days 6 hours ago
December Nymex natural gas (NGZ26 ) closed up +0.064 (+2.21%) on Wednesday. Dec nat-gas prices settled higher on Wednesday as forecasts for cooler US autumn temperatures could potentially boost heating demand for nat-gas. The Commodity Weather Group said Wednesday that forecasts shifted cooler across the eastern half of the US...

Dollar Retreats as Democrats Retake Control of Congress

2 days 6 hours ago
The dollar index (DXY00 ) tumbled to a 5-week low on Wednesday and finished down by -0.32%. The dollar sank Wednesday after Democrats swept Congress in the US midterm elections, fueling concerns about political gridlock and tougher tech regulation that could curtail foreign demand for US assets. Wednesday’s -8% plunge...