Swiss firms eye new markets as US tariffs threaten 20k jobs; short-time work extended.
Coinbase & Mastercard eye BVNK for $1.5B-$2.5B, valuing stablecoin infra over Stripe's $1.1B deal.
US BLS recalls staff to finish CPI report. The decision reduces uncertainty around the timing of key inflation data, ensuring the Fed and markets receive a critical read on prices before the next policy meeting.
Saudi crude exports to China will fall to about 40 million barrels in November from 51 million in October as refiners shift to cheaper Middle East spot supplies, traders said, highlighting China’s price-sensitive and flexible oil sourcing.
Japan fin min Kato says recently seeing one-sided rapid moves (referring to the yen) Verbal yen intervention from Japanese Finance Minister Kato
ANZ expects oil to trade around $60–65 a barrel through mid-2026, with prices potentially rising to $70 by year-end if demand strengthens or OPEC intervenes. The bank said supply surpluses are already priced in, limiting downside risks.
Govt shutdown sparks profit-taking; LOVE down 4.6%, CRI 3%. Dimon sees 30% correction risk.
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