Here's the latest from Bessent:
- The Fed should be looking at data
- Fed should keep going with cutting cycle
Here's the latest from Bessent:
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Lean hog futures rise, but USDA hog price dips. Belly drops $16.77 while slaughter numbers climb. Traders eye export sales.
PBOC sets USD/ CNY reference rate for today at 7.0875 (vs. estimate at 7.1154) PBOC CNY reference rate setting for the trading session ahead.
Bank of Japan Governor Ueda says weak yen pushes up import prices, factor in higher CPI Bank of Japan Governor Ueda on the yen
S&P 500 sees biggest reversal since April! Tech stocks like Nvidia lead the slide amid AI & rate fears. Traders eye the next move.
MSTR faces $2.8B outflow risk if dropped from MSCI; share price down 40% on index fears, not BTC slump. mNAV at 0.90.
Japan preliminary manufacturing PMI for November 48.8 (prior 48.2) Flash S&P Global PMI from Japan for November 2025
Bessent wants more Fed rate cuts (Yes, I know, Bessent parroting Trump is not news) The admin is rolling out all the talking heads to pump rate cuts, Hassett, Miran, now Bessent
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