{"id":439713,"date":"2026-10-09T03:44:10","date_gmt":"2026-10-08T20:44:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-americas-market-news-wrap-trump-says-no-attacks-on-iran-before-the-midterms-439713\/"},"modified":"2026-10-09T03:44:10","modified_gmt":"2026-10-08T20:44:10","slug":"investinglive-americas-market-news-wrap-trump-says-no-attacks-on-iran-before-the-midterms","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-americas-market-news-wrap-trump-says-no-attacks-on-iran-before-the-midterms-439713\/","title":{"rendered":"investingLive Americas market news wrap: Trump says no attacks on Iran before the midterms"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/trump-says-we-will-not-be-attacking-iran-any-time-soon\" rel=\"follow\">Trump says: We will not be attacking Iran any time soon<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/atlanta-fed-gdpnow-q3-tracker-3-6-vs-3-7-prior\" rel=\"follow\">Atlanta Fed GDPNow Q3 tracker 3.6% vs 3.7% prior<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-august-wholesale-inventories-0-5-vs-0-7-expected\" rel=\"follow\">US August wholesale inventories +0.5% vs +0.7% expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-weekly-initial-jobless-claims-197k-vs-200k-expected-0\" rel=\"follow\">US weekly initial jobless claims 197K vs 200K expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/boe-s-bailey-mon-pol-needs-an-unwavering-commitment-to-returning-inflation-to-target\" rel=\"follow\">BOE&#8217;s Bailey: Mon pol needs an unwavering commitment to returning inflation to target<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/arab-sources-several-severe-explosions-have-occurred-in-the-strait-of-hormuz\" rel=\"follow\">Arab sources: Several severe explosions have occurred in the Strait of Hormuz<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-treasury-sells-22-billion-of-30-year-bonds-at-a-high-yield-of-5-618\" rel=\"follow\">US treasury sells $22 billion of 30 year bonds at a high yield of 5.618%<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/fed-s-musalem-says-more-monetary-policy-firming-will-be-required\" rel=\"follow\">Fed&#8217;s Musalem says more monetary policy firming will be required<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>S&amp;P 500 down 0.5%<\/li>\n<li>WTI crude oil up $2.82 to $91.09<\/li>\n<li>Gold up $23 to $4133<\/li>\n<li>US 10-year yields down 5 bps to 5.22%<\/li>\n<li>CAD leads, USD lags<\/li>\n<\/ul>\n<p>The market mood was poor to start the day after oil prices spiked in Europe following reports and comments from Trump about attacking Iran once again. Later, Trump put out a post saying he wouldn&#8217;t attack Iran before the midterms and that led to a bounce in crude. There was the usual skepticism but it was also a reminder of how high oil prices and inflation are an all-encompassing headwind for Republicans and that Trump will want to resolve the war at some point.<\/p>\n<p>Equally important was a report that OpenAI&#8217;s run rate of revenue is $50 billion, not the $70 billion the Street was modelling. That created some headwinds for chipmakers and electricity producers. Notably, it also led to some USD selling in a reminder that AI flows have been a big part of the USD outperformance this year.<\/p>\n<p>Economic data was light but initial jobless claims remained near rock-bottom levels. Fed commentary continued to emphasize a desire to bring down inflation, underscoring the likelihood of a hike this year and more beyond.<\/p>\n<p>A final thought, we saw a turnaround in Treasury yields today and a finish at the lows of the day. Could it be The Economist marking the top yet again?<\/p>\n<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump says: We will not be attacking Iran any time soon Atlanta Fed GDPNow Q3 tracker 3.6% vs 3.7% prior US August wholesale inventories +0.5% vs +0.7% expected US weekly initial jobless&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439713","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439713"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439713\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}