Grains stand to rebound while markets find relative stability ahead of the elections. Crude oil remains the main guide for commodities as it reflects risks around war and inflation. In the Headlines The last trading session of October was marked by a substantial stock market selloff, triggered in part by concerning financial guidance from Intel that cut the tech company’s share prices by 28 percent on the day. Broad pressure against the artificial intelligence sector came amid worries about rising interest rates and with the backdrop of uncertainty about this week’s elections. The central bank kept its main lending rate unchanged on Wednesday, although the decision was not unanimous and the meeting was then followed up with a strong GDP report and a still-hot inflation reading. This week features Tuesday’s midterm elections and Friday’s jobs report. Along the way will be earnings reports from companies including Apple, McDonald’s, and Toyota. “Indirect talks” continued between the U.S. and Iran as officials from both sides met with mediators from Qatar and the United Arab Emirates. Meanwhile, President Trump suggested there were still a few more targets to address involving Iran’s nuclear capabilities, while Iran threatened “devastating strikes” if the U.S. resumes attacks….
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