The Daily Editor

US Government Shutdown Adds to Market Volatility

The yen’s slump against the greenback coincided with a potentially lengthy US government shutdown, raising expectations for aggressive Fed rate cuts. Kalshi currently predicts a 21.3-day shutdown, with 63% odds of surpassing 15 days and 52% for exceeding 20 days.

21.3 days would be the second-longest shutdown,

 » Read more about: Dow Jones & Nasdaq 100 Climb as Japanese Politics Fuels Yen Carry Trade  »

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 » Read more about: What Sweden can teach the world about stock market success  »

Copper prices rose on Monday to their highest level in more than 16 months, supported by concerns over supply from top producer Chile and major supplier Indonesia.

Three-month copper on the London Metal Exchange was up 0.4 per cent at $10,760 per metric ton, as of 0414 GMT, hitting its highest point since May 2024 and extending gains to a fourth session.

 » Read more about: Copper prices climb to over 16-month peak on supply concerns  »

Though there are systems brewing, all is quiet in the tropics − for now.

On Sunday, Oct. 5, experts were tracking a broad area of low pressure associated with a tropical wave, referred to as Invest 95L (AL95) by the National Hurricane Center in Miami, Florida, and a weak area of low pressure over the north-central Gulf producing showers and thunderstorms near the coasts of Louisiana,

 » Read more about: Florida weather update: Hurricane center tracking Invest 95L, which may become Jerry  »

 » Read more about: Tropics Check: Eastern Atlantic wave now Invest 95L  »

EAU CLAIRE, Wis. (WEAU) – As President Donald Trump continues his trade war with China, Wisconsin farmers are seeing impacts to business. Soybean farmers in particular export a large chunk of the yields to China.

Given the tariffs imposed on the country, China looks to our south in Latin America for cheaper soybeans.

 » Read more about: Soybean farmers seeing impacts to business as trade war with China continues  »

While Bitcoin treasury companies accumulated $1.2 billion in BTC last week, analysts suggest that Bitcoin’s new all-time high was more likely driven by inflows into Bitcoin exchange-traded funds.

Bitcoin went on to spike coming into the weekend, hitting a new all-time high of over $125,000 on Saturday. 

Bitcoin (BTC) treasury companies purchased more than 6,702 coins over the week,

 » Read more about: Bitcoin firms bought $1.2B last week, but BTC ETFs stole the show  »

 » Read more about: How will the federal government shutdown affect mortgage rates?  »

US stock futures climbed Sunday night as the federal government shutdown entered another week, as Wall Street looked to build on a strong run for equities that pushed major indexes to fresh record highs.

Futures tied to the Dow Jones Industrial Average (YM=F) and the S&P 500 (ES=F) pushed up about 0.2%,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures climb as government shutdown drags on  »

(NewsNation) — Cryptocurrency has continued to become more mainstream, leading business owners and customers to ask themselves: Should we use this tool?

One in five Americans own cryptocurrency, according to the National Cryptocurrency Association.

In addition,

 » Read more about: What are the risks and benefits of using cryptocurrency for payments?  »