Friday November 11, 2022

  • Markets clawing back some of the losses incurred earlier this week – continuing the pattern of high volatility not resulting in many changes
  • China easing covid policies is adding a bit of optimism into the global economy
  • Rains helping to ease dryness concerns in Argentina, Brazil also looking at scattered rains over the weekend turning drier into next week
  • Attention will turn back towards the Black Sea export corridor next week as negotiations between Ukraine, Turkey, Russia and the U.N. will look at extending the agreement