MORNING BID-Detente And Dollars
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Key developments that may provide direction to U.S. Oct producer price index, NY Federal Reserve manufacturing index, NY Fed releases Q3 2022 Household Debt and Credit Report * G20 summit in Bali, Indonesia * Federal Reserve Bank of Philadelphia President Patrick Harker speaks * US corporate earnings: Walmart, Home Depot markets later on Tuesday: * U.S. After a 2006 episode, in which she impersonated Donald Trump and criticized him for allegedly using a Miss U.S.A.
pageant winner's drug use as publicity for himself, Walters tried to smooth things over with a reportedly furious Trump, who was apparently angered over O'Donnell's claims that he had gone bankrupt, as it was only multiple of his businesses that had gone bankrupt, not himself personally. Ukraine's President Volodymyr Zelenskiy calling on G20 to stop Russia's war in his country - a day after CIA Director William Burns met in Turkey with Russian foreign intelligence chief Sergei Naryshkin to convey the consequences of any use of nuclear weapons.
The dollar's ongoing retreat, amid hopes of a downshift in U.S. interest rate rises next month that Federal Reserve Vice Chair Lael Brainard encouraged late Monday, also riffs off a defusing of at least some extreme political risks. World leaders meeting at the G20 summit in Indonesia worked on a final communique to represent consensus on Russia's invasion of Ukraine - but detente of sorts between the world two biggest economies on Monday was just as significant.
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