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Morning Bid: Big Tech see-saw flips positive, yen swings wildly​

A look at the day ahead in U.S. and global markets from Mike Dolan

A volatile week for Wall Street megacaps looks set to end with a positive twist as Microsoft (MSFT.O), opens new tab and Alphabet (GOOGL.O), opens new tab earnings wowed the gallery overnight, while the yen plunged anew in Asia as the Bank of Japan left policy on hold.

After a day in which Meta's (META.O), opens new tab outsize spend on artificial intelligence appear to spook investors and sent both its stock and the wider tech sector into tailspin, its rivals appeared to steady the ship overnight.

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Daimler Truck faces imminent strike by over 7,300 US workers​

April 26 (Reuters) - Daimler Truck (DTGGe.DE), opens new tab must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members.

The workers are seeking higher pay, institution of cost-of-living adjustments and greater job security from the heavy-truck maker, UAW President Shawn Fain said during an online speech earlier this week.

"Workers' wages at Daimler have not kept up," he said on Tuesday. "The workers are going to come for their fair share. In the new UAW, we don't take concessions. We raise standards for everyone and we fight for what we deserve, and we're not afraid to strike to get it."

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Have We Lost the Red Sea? | What Should be the US Strategy Against the Houthis?​

Apr 25, 2024

In this episode, Sal Mercogliano - a maritime historian at Campbell University (@campbelledu) and former merchant mariner - discusses the current situation in and around the Red Sea and should the US continue to protect ships in the region or shift and focus on US-flagged or allied vessels.


21:55

- USNI News Timeline: Conflict in the Red Sea https://news.usni.org/2024/02/05/usni...
- Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions https://gcaptain.com/iranian-ship-beh...
- Shipping hits out at scant coverage of hijacked crews https://splash247.com/shipping-hits-o...
- Shipping Industry Issues Plea to UN to Protect Maritime Security and Seafarers https://gcaptain.com/shipping-industr...

- ADDRESS OF THE SECRETARY-GENERAL AT THE OPENING OF THE 111TH SESSION OF THE LEGAL COMMITTEE, 22 to 26 April 2024 https://www.imo.org/en/MediaCentre/Se...

- Merchant Ships in War Zones | Chief MAKOi Seaman Vlog • Merchant Ships in War Zones | Chief M...

- MSCI Advisory 2024-006-Southern Red Sea, Bab el Mandeb Strait, Gulf of Aden, Indian Ocean, Somali Basin, Arabian Sea, Gulf of Oman, Strait of Hormuz, and Persian Gulf-Threats to Commercial Vessels https://www.maritime.dot.gov/msci/202...

- IMF Portwatch https://portwatch.imf.org/
- EUNAVFOR MARITIME SECURITY THREAT - RED SEA https://on-shore.mschoa.org/latest-ne...
- No evidence more Chinese or Russian ships transiting Bab el Mandeb https://www.lloydslist.com/LL1148896/...
- Marine Traffic www.marinetraffic.com
 
Nothing to see, best to listen in one tab, play around the forum in a different tab.

We're in the 'Final Inning' of Dollar-Based System: Willem Middelkoop​

Apr 26, 2024 Commodity Culture

Willem Middelkoop believes the world is reaching a turning point when it comes to the global monetary system, and Western dollar supremacy is being challenged by the Eastern BRICS alliance. Willem notes that gold will be a massive beneficiary of this once-in-a-lifetime event, along with other commodities, such as silver, uranium, and more.


30:31

00:00 Introduction
01:29 Escalating Global Conflict
04:50 Final Inning of the Dollar System
07:47 S&P 500 and NASDAQ
11:32 Is Gold Undervalued Right Now?
13:51 Forecast For Silver
15:39 Institutional Investment in Precious Metals
17:58 Gold Mining Stocks
19:19 Silver Mining Stocks
20:56 The Fed's Next Move
23:29 European Economy
24:48 Uranium Outlook
27:01 Niger and Juristictional Risk

#usdollar #gold #monetaryreset
 
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