📊 Stock Markets
Asia-Pacific indices are mixed:
🔻 Chinese indices: -0.30% to -0.40%
🔺 Japan’s Nikkei 225: +0.30% to 38,400 points
🔻 Singapore SG20cash futures: -0.09%
💱 Forex
🟢 US Dollar leads gains, up 0.3%–0.5% against other currencies.
📈 Dollar Index: +0.41% to 106.2000 points
🔴 Japanese Yen drops by 0.4%–0.7%.
USD/JPY: +0.67% to 150.5380
📑 PMI Reports
🇯🇵 Japan: Manufacturing PMI at 49.0 (down from 49.2 in October) — lowest since March, reflecting weaker demand.
🇨🇳 China: Caixin Manufacturing PMI jumps to 51.5 (up from 50.3), signalling recovery.
🇮🇳 India: PMI dips to 56.5 (from 57.5), lowest in 8 months.
🏠 Australia
🏗️ New Home Construction: October saw nearly 15,500 new approvals (+4.2%), the highest since Dec 2022.
🛍️ Retail Sales: October retail sales surged +0.6% (beating +0.4% expectations).
💻 Crypto Market
Bitcoin: -0.90% to $96,200
Ethereum: -0.85% to $3,678
BTC remains stable between $96,000–$98,000, while altcoins surge.
🚀 Payment-focused projects, like Hedera and XRP, soar 25%, with total gains near 500% since elections.
Stay tuned for more updates! 🚀
🌅 Morning Wrap (02.12.2024) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.