Just a reminder
Eamonn posted on this earlier, but in brief:
- Electronic trade CME Globex: Equity, Interest Rate, FX, Energy 7 Metals trading halts 1800GMT / 13:00 EST
- CME pit closed
- NYSE- closed
- ICE - see here
Eamonn posted on this earlier, but in brief:
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Gen Z ditches cash for cards & BNPL! Over 50% see cash as last resort. BNPL use surges 42% in young demos, but debt risks loom.
Nexperia seizure sparks China row; car chip supply at risk. Billionaire Zhang's net worth down from $2.2B.
Fed & BoC signal fewer rate cuts ahead; yields climb. AI fuels US growth, while copper hits record highs on easing tensions.
AI bubble debate rages: Altman sees froth, Cuban sees value. Nvidia hits $5T cap, but risks loom.
Canada's C$6.4B mineral push targets China's rare earth dominance. G7 nations join the race, sparking a potential $1.4B trade war.
Mortgage rates hover around 6.11% (30-yr fixed), with 10-yr Treasury yields nudging them higher. Refi rates are slightly higher.
Money market rates dip to 0.59% avg, but top accounts hit 4% APY. Lock in gains now!
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