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The World in Shock: Global Leaders React to Gaza s Attack in Southern Israel

The World in Shock: Global Leaders React to Gaza s Attack in Southern Israel
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06May2021 Market Close: Stocks Saved By Late-Day Buying-Panic As Dollar Dumps, US Dollar 90 90, Crypto Slumps, Bitcoin 55800, Dogecoin Steady At 0 603, DOW Closes At New High +318

DOW ends up over 300 points to record high ahead of April jobs report. New York FED weekly economic index (WEI): index improvement continues. The Market in Perspective Here are the headlines moving the markets. Copper Price Hits All-Time-High In Commodities Bull Run Copper price hit a record high on Thursday as Chinese investors unleashed fresh demand following a five-day holiday. Copper for delivery in July was up 1.71% by 1:42 pm (EDT), with futures at $4.6015 per pound ($10,123 a tonne) on the Comex market in New York, over the $4.58 per pound high reached in February 2011. The reopening of major industrial economies is sparking a surge across commodities markets from corn to lumber, with tin climbing above $30,000 a tonne for the first time since 2011 also on Thursday. Copperhas gained 28.1%

IRGC Commander Says Israel Vulnerable

Hossein Salami, the commander of the IRGC, gave a TV where he talked about what he says are Israel’s security vulnerabilities. Salami said Israel’s “security system” was “fragile and vulnerable” and that the “bubble of Israel’s national security has burst.” Salami said Israel has faced “enormous damages.” He said developments in recent months show that Israeli “shipping is vulnerable everywhere in the world.” He added that Israel’s “maritime trade can be seriously disrupted very easily.” Salami also talked about a recent at an Israeli missile factory. He said this facility produced satellites and described the incident as a “balloon” that was popped by a needle. He said this was part of a “domino” effect.

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