Sell yen, and buy gold in 2013…..

RBA Deputy Governor Andrew Hauser said policy is likely still restrictive but under review, with the board debating how tight conditions remain. He downplayed the consumer sentiment rebound and said consumption shows a modest, gradual recovery trend

Nomura now expects the Fed to hold rates steady in December, citing a still-solid labour market and Powell’s hawkish tone in October — a non-consensus view that could draw renewed criticism from President Trump.

McDonald’s and Tyson Foods say the U.S. government shutdown and suspended SNAP food benefits are hitting low-income consumers hardest. 40 million Americans dependent on SNAP, analysts warn the disruption could squeeze spending.

Fed officials are increasingly split over whether inflation or labour-market weakness poses the greater threat, clouding prospects for another rate cut in December as Powell tries to hold together a divided committee amid missing economic data.

50-yr mortgages: $400k extra cost vs. standard. Some see savings, others balk. Traders eye housing market impact.

Corn futures climb 2-3 cents on yield drop fears; cash corn hits $3.93. Coffee & cocoa also see gains.

Wheat futures mixed: Spring wheat up 5-6 cents, HRW down 3.25 cents. Traders eye WASDE report & 867 mbu US stocks.