Sovecon Agricultural Consulting Company: Russia’s wheat exports in 2023/24 are expected to be 91.6 million tons.

The GASCO project in Egypt is worth $380 million and aims to increase the production of natural gas derivatives.

Egypt’s Cabinet approved the project that aims to increase production capacity by 600 cubic feet per day by adding a fourth production train to the Western Desert Gas Complex.

Bank of America CFO: Loan growth "a little bit disappointing."

Bank of America CFO: Forecasting recession is further out and smaller.

Bank of America CFO: Some form of recession is expected in the future.

Bank of America CFO: Observed consumers are considering further borrowing; adding one million credit cards every quarter.

The Australian dollar AUD/USD rose 0.50% during the day and is now at 0.6487.

Bank of America CFO: Overall deposits remained stable or increased slightly.

Bank of America CFO: Company is increasing deposits in global banking unit.

Bank of America CFO: Deposits in wealth management division fell.

Bank of America CFO: Consumer spending is expected to decrease, but checking balances will remain high.

Bank of America CFO: Deposit growth is expected to slow, in line with industry trends.

Bank of America CFO: Consumer deposits are still falling, but the rate of decline has slowed.

Republican U.S. Senator Rick Scott: Believes in reaching agreement on spending cuts and border security.

Republican U.S. Senator Rick Scott: I don’t think there will be a government shutdown.

U.S. natural gas futures fell more than 3.00% during the day and are currently trading at $2.762/million British thermal units.

Bank of America CFO: U.S. consumers are still in good shape.

Bank of America CFO: Consumer asset quality is very strong.

Bank of America CFO: Commercial loan demand has weakened and asset quality remains strong.