Bitcoin dips below $84,000 ahead of FOMC minutes release
Bitcoin briefly fell below $84,000 as investors awaited FOMC minutes and oil price rises added inflation concerns.
Bitcoin briefly fell below $84,000 as investors awaited FOMC minutes and oil price rises added inflation concerns.
Stocks rise despite headwinds, with Nasdaq hitting a record and S&P 500 earnings projected to grow 29.5% in Q3 2026.
EUR/CHF fell sharply on French fiscal worries, testing key support at 0.9300.
European stocks opened lower as oil prices and bond yields weighed on risk appetite.
FOMC meeting minutes rarely move markets because they are published weeks after the decision, making them stale compared to newer Fed comments and data.
Today's $39 billion 10-year Treasury note auction may influence mortgage rates and the S&P 500.
Stablecoin holders forfeit potential yield as issuers retain interest on reserves backing the digital tokens.
US jobless claims data this week may show if weak hiring is turning into layoffs after a poor September payrolls report.
Australian households are weathering rate hikes better than expected, with debt-to-asset ratio at lowest since 1997, Deutsche Bank says.
The RBI is expected to raise the repo rate by 25bp to 5.50% today, though MUFG forecasts a hold. Decision at 10:00 am IST.
RBI is expected to hold the repo rate at 5.25% today, but MUFG sees this as temporary and forecasts hikes in December and February.
Japan's inflation-adjusted wages rose 1.5% in August, the eighth straight monthly gain, bolstering the Bank of Japan's case for further rate increases.
Bitcoin remained near $86,000 after weak US payrolls data cut October Fed hike odds to 22.7%, but high Treasury yields keep macro headwinds in place.
The Reuters Tankan survey showed Japanese manufacturer confidence at a near five-year high, while services fell six points.
Bitcoin remained in the $85,000 zone while the S&P 500 and Nasdaq hit record highs on Tuesday. Stocks rallied on AI gains and falling yields.