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Calendar event / 2 hours agopreviousforecastactualMed November Sales
Article / 3 hours ago
CBOE Bitcoin future surges out of the box: First observationsThe CBOE exchange launched its long awaited Bitcoin future today. The initial response was a price surge of 25%, triggering two trading pauses as the circuit breakers kicked in. Please read on for some initial thoughts and observations.Read the article
Article / 5 hours ago
Morning Markets: Bitcoin futures steal the showAsian market sentiment was optimistic today after Wall Street headed higher in the wake of upbeat nonfarm jobs data. Such gains, however, struggle to attract attention at a time when the launch of Bitcoin futures trading saw prices spike 25%, triggering two circuit-breaker halts, while massive volumes sparked delays.Read the article
Calendar event / 6 hours ago
NO CPIpreviousforecastactualHigh CPI, M/M%+0.1%+0.1%High CPI, Y/Y%+1.2%+1.1%Med CPI-SA, After Tax, Excl Energy, M/M%+0.3%0%-0.3%Med CPI-SA, After Tax, Excl Energy, Y/Y%+1.1%+1.3%+1%
Article / 11 hours ago
Morning Report APAC: Asia unfazed by impending hikeBitcoin may have gone live and the US may be looking for a rate hike in a few days, but its seems it has all been priced in in Asia. Markets this morning were mixed, if not subduedRead the article
Trade view / Yesterday at 23:47 GMTShort term/Buy
Recovery structure in play for USDJPYThis week's Senate election and the FOMC meeting could impact USD. Meanwhile the USDJPY chart shows a bullish Elliott Wave recovery structure. There is support at ¥113.30/¥113.15 and ¥112.85/¥112.50, and upside potential for a move toward ¥114.70 and ¥118.60.Read the Trade View
Article / Yesterday at 23:35 GMT
Today's Trade: S&P/ASX200 heads higher, thanks to Wall St, commoditiesThe S&P/ASX200 edged higher in early trading, thanks to modest gains on Wall St, and firmer commodity prices. The energy sector and miners look set to benefit from higher crude, copper and iron ore prices.Read the article
Squawk / Saturday at 11:16 GMTCommitments of Traders tables covering the week to December 5 in commodities, IMM forex, bonds and stock index futures. Additional updates to follow on Monday
Calendar event / Saturday at 1:30 GMT
CN PPIpreviousforecastactualMed PPI, Y/Y%+6.9%+5.8%+5.8%Med PPI, M/M%+0.7%+0.5%Med PPI YTD, Y/Y%+6.5%+6.4%
Squawk / Friday at 21:47 GMTUS financial markets crawled into the close on Friday, with stocks, bond yields and USD all up modestly.
The 2 year v 10 year bond spread, a measure of yield curve shape, is back up to 59 bp from 50 bp earlier in the week. That’s helping USD,
USD may get another boost after the Fed’s meeting winds up on Wednesday https://www.tradingfloor.com/posts/fed-could-play-a-wild-card-and-spark-usd-rally-next-week-9090824
The Bitcoin bonanza continues although the price had slipped back to $15000 by mid-afternoon.
It may be speculative but at least there’s no negative carry – as there is in 16 global bond markets (see chart).
Who owns all those Bitcoins? It seems the Winklevoss twins of The Social Network move fame have a haul worth about $1.7 billion.
And by the look of it, someone else is in the money (see photo)