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Bitcoin, Ether continue to slide - crypto crush. Bitcoin fell under US$85K (its back above) ETH fell under US$2800. BTC hit a 7 month low today, while ETH a 4 month low.
Housing sales up 1.2% in Oct! Inventory drops, but affordability fuels strongest market in 3 yrs. Buyers return.
Jobs surge to 119k, unemployment hits 4.4%. Rate cut odds rise, but valuation concerns linger for traders.
Bitcoin dumps 1T in Q4 wipeout, analysts eye potential rebound but risks remain high. Traders watch for bottom.
Saudi Arabia pledges $1T in US investments, boosting energy & defense deals. Watch for LNG & critical mineral progress.
Mizuho says the offshore yuan isn’t artificially cheap and has been stronger than regional peers since 2018. Argues the PBOC’s fixings lean toward appreciation and China’s trade surplus isn’t driven by currency manipulation.
BoJ Gov Ueda says prospect of economy, price forecasts materializing increasing rate hike chance
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