{"id":284847,"date":"2025-10-07T21:50:23","date_gmt":"2025-10-07T21:50:23","guid":{"rendered":"https:\/\/www.europesays.com\/us\/284847\/"},"modified":"2025-10-07T21:50:23","modified_gmt":"2025-10-07T21:50:23","slug":"risk-off-flows-two-years-after-the-massacre-market-wrap-for-the-north-american-session","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/284847\/","title":{"rendered":"Risk-off flows two years after the massacre \u2013\u00a0 Market wrap for the North American session"},"content":{"rendered":"

Log in to today’s North American session Market wrap for October 7th<\/p>\n

Today commemorates the second anniversary of the tragic massacre when Hamas soldiers invaded Israel, killing, raping, and kidnapping more than a thousand civilians.<\/p>\n

Tomorrow will see the <\/b>biggest meeting of Arab leaders regarding<\/b> implementing the Trump 20-point Plan<\/b><\/a>, which would impose a ceasefire and achieve a process towards peace in the region for the time to come.<\/p>\n

The meeting will be held in Sharm el-Sheikh, Egypt, and will include the highest diplomatic delegates from Qatar, Turkey, and Egypt. <\/p>\n

US Middle East envoy Steve Witkoff will also participate in the meeting and recently landed in Egypt.<\/p>\n

Turning back to Markets<\/b>, the cause for these flows isn’t known yet, but risk assets saw consequent rejection in today’s session, which even caught Gold and Silver in its crosshairs.<\/p>\n

Some dip-buying mean-reversion higher<\/b> did lighten sentiment towards the close, but such flows heighten volatility <\/b>and may scare highly leveraged participants.<\/p>\n

After suffering strong drops, Bitcoin rallied more than $1,000 from its daily lows, and US indices have followed suit.<\/p>\n

Recovering above all the preceding peaks would put sentiment back on its high pedestal, but traders might be cautious in the waiting for more data<\/b> and eventually a re-opening of the US Government.<\/p>\n

The US Dollar has surprisingly been a big winner of the week<\/b>, which may have had to play with today’s flows (Stops kicking? More to come?)<\/p>\n","protected":false},"excerpt":{"rendered":"Log in to today’s North American session Market wrap for October 7th Today commemorates the second anniversary of…\n","protected":false},"author":3,"featured_media":284848,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,135,67,132,68],"class_list":{"0":"post-284847","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115335097450979224","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/284847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=284847"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/284847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/284848"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=284847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=284847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=284847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}