Greetings,
The United States: The market is now pricing in only 54 bps of rate reductions next year.
The United Kingdom: The Q3 GDP growth was softer than expected.
India: Food inflation has been rising.
Cryptocurrency: Crypto funds registered their largest weekly inflow on record.
Energy: US crude oil inventories rose more than expected last week, while refined product stockpiles, particularly gasoline, saw significant declines.
Equities: Stock futures are down this morning after Chair Powell dampened sentiment with hawkish remarks.
Food for Thought: Rising median age of US first-time and repeat homebuyers in the US:
Edited by Josh Oldmixon
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