- Firm-level business activity -4.9 vs -5.5 prior
- New orders -16.1 vs -9.2 prior
- Full-time employment +8.2 vs +6.4 prior
- Wage and benefit cost index +34.2 vs +40.3 prior
There are signs of slowing here but it's a low-tier survey.
There are signs of slowing here but it's a low-tier survey.
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Ether fell below $3,600 after a $100 million Balancer hack deepened selling in digital assets already pressured by macro and policy headwinds. The token is now 25% below its August peak as traders absorb Fed caution and fading risk appetite.
Ripple buys Palisade, boosting custody capacity. XRP trades at $2.30, down 38% from ATH, market cap $140.5B.
UBS sees equity bull market extending despite Fed uncertainty and high valuations
AUD, ASX and Aussie bond traders heads up - it's a partial holiday in Australia today. Markets will be open and trading in Australia today but interest and liquidity will thin out markedly as everyone celebrates a horse race.
No cut today - CBA now expects the RBA to keep the cash rate at 3.60% for the foreseeable future after broad-based inflation strength in Q3 reversed disinflation progress.
Fed split: Rate cut risks vs. inflation fears. Some see 0.25% cut as insurance, others push for 0.50%. Markets watch.
BLNK drops 7.4% on financial woes despite new chargers; revenue down 33.7%, margin -82.3%. Volatile stock.
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