JUL 01. Who’s stealing Ukraine’s wheat and corn?

Chun09
3 min readJul 2, 2022

The starting point of the third quarter, the second half of the year 2022, and the last trading day before the long weekend in the USA.

US stocks market rallied with the hope of a better third quarter and the expectation of a softer FED stance.

DJ was up 1.1%, S&P 500 index was up 1.1% and the NASDAQ index was up 0.9% today.

Nothing really concrete better news from the market, only some hopes were the motive of today’s last call.

Apple was up 1.6%, MS was up 1.1%, Amazon was up 3.2% and Tesla was up 1.2%.

US Dollar Index was up 0.4% today, ending at 105.12 points.

The yield drop of the 10-year Treasury Note was the main reason for the strong dollar. The yield ended at 2.89% today, dropping 23.3 basis points today.

The crude oil price jumped 2.4%, ending at $111.63 per barrel.

--

--

Chun09

Trying every day, engraving what we’ve been through