U.S. stock futures slip as markets await #CPI; Wall St. rallies cool. Rivian surges on VW investment, Spotify rises on strong Q3, CAVA beats, while Skyworks slips. Oil bounces back but lingers near lows after #OPEC’s forecast cut. #Stocks #Inflation #Commodities

#Bitcoin dips to $86K as Trump rally cools; focus turns to U.S. #CPI data. #Dogecoin slides from 3-yr high after Trump’s DOGE agency news. Altcoins fall with Ethereum, ADA, SOL, XRP, and MATIC all seeing declines. #BTC #Crypto #Investing #Musk #Trump #Altcoins #Inflation

Asia markets down as Wall St. rally fades, China’s fiscal steps disappoint, and U.S.-China trade concerns rise. Eyes on U.S. CPI data and Fed Chair Powell’s upcoming speech. Japan, South Korea, Australia, and India stocks also dip. #AsiaStocks #CPI #China #USChinaRelations #Investing #GlobalMarkets

Canada’s Oct employment change came in at 14.5K, missing the expected 27.9K and down sharply from Sept's 46.7K.

Canada’s Oct unemployment rate held steady at 6.5%, aligning with Sept but slightly below the forecast of 6.6%.

Brazil's Oct CPI (YoY) rose to 4.76%, just above the 4.72% forecast and up from Sept's 4.42%, signaling rising inflationary pressures.

#CAD #CanadaJobs #EmploymentChange #CanadaEconomy #UnemploymentRate #BRL #Brazil #Inflation #BrazilEconomy

Swiss Q4 SECO Consumer Climate at -27, better than consensus of -33 and prior reading of -19, signaling improved consumer sentiment despite economic challenges. #CHF #SwissEconomy #ConsumerClimate #SECO

European stocks slipped. DAX down 0.1%, CAC 40 fell 0.2%, FTSE 100 dropped 0.1%. Political instability in Germany added to the volatility. IAG soared 6% on strong Q3 results, while Richemont gained despite challenges in China. #Stocks #IAG #Richemont #Germany #DAX #FTSE #CAC #Markets

Oil prices dipped as Hurricane Rafael’s threat to U.S. oil output lessened. Brent at $74.84 and WTI at $71.45 after nearly 1% gains Thursday. While Trump’s policies could bring tighter sanctions on Iran & Venezuela, downward pressure remains from China’s 9% drop in Oct crude imports & rising U.S. stockpiles. #Oil #HurricaneRafael #CrudeOil #Brent #WTI #China #Trump

Japan's Sep Household Spending YoY fell by -1.1%, better than the expected -1.8% and up from -1.9% in Aug. MoM, spending dropped by -1.3%, underperforming the expected -0.7% and down from a 2.0% rise in Aug.

#Japan #HouseholdSpending #Economy #JPY

China's Oct yuan loans are expected to slide to 700B yuan ($97.86B), highlighting weak credit demand despite #PBOC stimulus. Broad M2 money supply may grow to 6.9%, up from Sept’s 6.8%. Beijing is also weighing 10T+ yuan in new debt to tackle local govt debt and unsold housing. Asian stocks wrapped up strong, with gains across Japan, Australia, and South Korea, boosted by optimism for China’s fiscal support as a 2nd Trump term signals possible U.S. trade pressures.
#China #Stimulus #AsianMarkets

Fed Chair #Powell: warns that adjusting policy too quickly or too slowly could destabilize the economy. He reaffirmed that U.S. law prohibits demoting the Fed Chair, and again highlighted the unsustainable nature of the U.S. fiscal path. Geopolitical risks also remain a significant concern for economic stability.

#Fed #USFiscalPolicy #GeopoliticalRisk #Economy #USD #MonetaryPolicy #Finance #Powell

Fed Chair #Powell: A couple of weak months on inflation won't alter our approach. Core inflation in non-housing services and goods has returned to early 2000s levels. CEOs are less concerned about inflation now than last year, reflecting improved economic stability.

#Fed #Inflation #MonetaryPolicy #US #Economy #USD #InterestRates #MarketStability #FOMC #Business

Fed Chair #Powell: Inflation is trending toward 2%, with possible fluctuations. The labor market, now more balanced, doesn’t need further easing to meet inflation goals. However, a weaker labor market could prompt faster policy adjustments. Fed’s stance remains tight to control risks.

#Fed #Inflation #LaborMarket #US #Economy #InterestRates #MonetaryPolicy #USD #FOMC #Growth

Fed Chair Powell: The Fed avoids commenting on fiscal policy and minimizes forward guidance. There remains considerable uncertainty, though confidence is growing around inflation's path toward 2%. Statement changes weren’t signals of inflation persistence.

#US #Economy #InterestRates #MonetaryPolicy #USD #FOMC #Growth #Uncertainty

Fed Chair #Powell: Economic data has strengthened since Sept; bond rates reflect growth, not inflation, and don’t yet impact policy. Any policy shifts by Congress may influence outlook, but election has no immediate effect. Core inflation is high, labor market less tight vs. pre-pandemic, and wage growth has eased. Fed aims to sustain growth with rate cut, supported by improved supply dynamics.

#Economy #FOMC #InterestRates #USD #Inflation #LaborMarket #SupplyChain #Growth #MonetaryPolicy

The #Fed reports inflation is moving toward 2% but remains slightly high. Economic growth is solid, while labor markets have eased; unemployment is up but still low. Fed will continue reducing bond holdings as planned, with unanimous policy vote reflecting strong consensus.

#Inflation #FOMC #USEconomy #Jobs #FederalReserve #Bonds

The #Fed reduced interest rates to 4.75%, in line with market expectations, down from the previous 5.00%.

#US #InterestRates #FederalReserve #Economy #Finance

Wall Street rally extends post-Trump win as Fed rate decision nears. S&P 500 up, driven by potential tax cuts & easing regs, while Fed expected to cut 25 bps today. $JPM fell 4.3%, while $ARM & $WBD surged on earnings. Treasury yields steady, #VIX at 6-week low. Focus now on GOP potential control of Congress, which could ease Trump’s policy path.

#US #Stocks #Fed #Treasury #Finance #Earnings #WallStreet #TrumpVictory #Economy #SP500

European stocks rebounded with STOXX 600 +0.7%, led by tech (+2.2%) & resources on base metal gains. UK’s FTSE fell -0.3% as #BoE warned of extended inflation risks from the budget. Investors eye Fed's rate call today. $MT +6.5% on earnings beat, Banco BPM +9% on Anima deal. German politics shift as snap election looms, lifting defense stocks like Rheinmetall (+9%) on spending hopes.

#Stocks #FTSE #Tech #Europe #Economy #Markets #UK #Germany #STOXX600

U.S. Q3 Nonfarm Productivity rose 2.2% QoQ, missing the 2.6% forecast but slightly above Q2’s 2.1%.

Unit Labor Costs increased 1.9%, exceeding the 1.1% estimate though below the previous 2.4%.

#US #NonfarmProductivity #LaborCosts #USData #Economy #LaborMarket #Finance

U.S. Continuing jobless claims rose to 1,892K, surpassing the 1,880K forecast and up from 1,853K prior.

Initial jobless claims came in at 221K, slightly below the 223K expected, up from 218K last week.

#US #JoblessClaims #ContinuingClaims #InitialClaims #LaborMarket #Economy #USD #Finance