BTC surges past $103K on easing liquidity; SOFR-EFFR spread tanks, DXY stalls. Risk-on for crypto!
S&P 500 E-mini Futures (ES1!) opened the week with a gap up near 6787.50, up +0.50%. The move suggests early bullish sentiment at the weekly open after a reversal at the very end of last week.
Dow futures climb on shutdown deal hopes; Nvidia leads 4 stocks in buy zones. Traders eye Nvidia's valuation.
Crypto jumps on Trump's $2k dividend plan, but Congress must approve. BTC nears $103k, ETH $3.5k. Funding gap looms.
ABC News reports that a sufficient number of Democrats are expected to back a short-term funding measure to end the U.S. government shutdown. The proposal would extend federal funding until January 31
Major banks have cut yen forecasts as hopes for an early BOJ rate hike fade and PM Takaichi’s fiscal expansion fuels selling. The yen hit a nine-month low near ¥154 per dollar, with JPMorgan now seeing ¥156 by year-end.
Shutdown grounds Thanksgiving travel! 2000+ flights axed. Airports brace for chaos. Will it end?
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