{"id":21425,"date":"2024-11-18T16:08:08","date_gmt":"2024-11-18T16:08:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=21425"},"modified":"2024-11-18T16:08:08","modified_gmt":"2024-11-18T16:08:08","slug":"morning-wrap-15-11-2024","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=21425","title":{"rendered":"Morning Wrap (15.11.2024)"},"content":{"rendered":"

\ud83d\udcc9 Asian\u00a0Markets:<\/strong><\/p>\n

Markets traded cautiously following Fed Chair Powell\u2019s hawkish\u00a0remarks.\ud83c\uddef\ud83c\uddf5 Nikkei 225<\/strong>: +0.9% \ud83d\udcc8 (despite weak GDP\u00a0data)\ud83c\udde8\ud83c\uddf3 CSI 300<\/strong>: Slight\u00a0decline\ud83c\udde6\ud83c\uddfa ASX 200<\/strong>:\u00a0+0.5%<\/p>\n

\ud83d\udcca US Futures During Asia\u00a0Hours:<\/strong><\/p>\n

Russell 2000<\/strong>:\u00a0-0.63%Nasdaq 100<\/strong>:\u00a0-0.51%S&P 500<\/strong>:\u00a0-0.38%<\/p>\n

\ud83c\udf0d Europe Set for Lower\u00a0Open:<\/strong><\/p>\n

\ud83c\udde9\ud83c\uddea DAX 40<\/strong>:\u00a0-0.24%\ud83c\uddec\ud83c\udde7 FTSE 100<\/strong>:\u00a0-0.19%<\/p>\n

\ud83d\udcc9 Key Data\u00a0Points:<\/strong><\/p>\n

\ud83c\uddef\ud83c\uddf5 Japan\u2019s Q3 GDP<\/strong>: Slowed to 0.9% YoY (from 2.2%), slightly beating forecasts. Private consumption strong; exports and capex\u00a0weak.\ud83c\udde8\ud83c\uddf3 China\u2019s October\u00a0Data<\/strong>:Retail sales \ud83c\udf1f: Above expectations (boosted by Golden\u00a0Week).Industrial production & fixed asset investment: Missed forecasts.Property investment \ud83d\udcc9: -10.3%\u00a0YTD.<\/p>\n

\ud83c\uddfa\ud83c\uddf8 Trump Victory Ripple Effects:<\/strong>
Markets remain cautious amid trade war fears as Trump proposes 60% tariffs on Chinese\u00a0imports.<\/p>\n

\ud83d\udcc9 Wall Street Futures:<\/strong>
Declined as Powell\u2019s hawkish tone scaled back rate-cut expectations (61% chance of December cut vs. 85.7% yesterday).<\/p>\n

Join @CoinCodeCap on\u00a0Telegram<\/em><\/strong><\/a><\/p>\n

\ud83d\udcb0 Crypto\u00a0Watch:<\/strong><\/p>\n

Bitcoin<\/strong>: -2.6%, now at $87,634 (off $93,226 high earlier this\u00a0week).Ethereum<\/strong>: Trading at\u00a0$3,060.<\/p>\n

\ud83d\udcb5 Forex &\u00a0Yields:<\/strong><\/p>\n

USD<\/strong>: Near one-year highs as Treasury yields\u00a0rise.USDJPY<\/strong>: Crossed 156 after weak Japanese GDP raised dovish BoJ\u00a0bets.<\/p>\n

\ud83d\udee2\ufe0f Commodities:<\/strong><\/p>\n

Oil<\/strong>:Brent: $71.91WTI: $68.08
Weekly losses: -2.7% (Brent), -3.3% (WTI).
IEA warns of 2025 supply glut despite stable demand forecasts.<\/em>Gold<\/strong>: $2,566 \ud83d\udcc9 (headed for worst week since June 2021, down\u00a04.3%).<\/p>\n

\u2696\ufe0f Corporate News:<\/strong><\/p>\n

Eli Lilly<\/strong> sues U.S. over 340B drug discount program changes, joining Johnson &\u00a0Johnson.<\/strong><\/p>\n

\ud83d\udcc5 Upcoming\u00a0Events:<\/strong><\/p>\n

UK Q3\u00a0GDP<\/strong>U.S. Retail\u00a0Sales<\/strong>Speeches<\/strong>: Fed\u2019s Collins, ECB\u2019s McCaul, Riksbank\u2019s ThedeenNetflix<\/strong>: Tyson vs Paul<\/em> boxing match \ud83e\udd4a\u00a0tonight.<\/p>\n

\ud83c\udf3e Southeast Asia Highlights:<\/strong><\/p>\n

\ud83c\uddee\ud83c\udde9 Indonesia October Trade Data<\/strong>: Exports +10.25% YoY (boosted by agriculture).\ud83c\uddf2\ud83c\uddfe Malaysia Q3 GDP<\/strong>: +5.3% YoY (matching estimates, but down from Q2\u2019s\u00a05.9%).<\/p>\n

\ud83d\udce2 Stay sharp and informed! \ud83c\udf1f<\/p>\n

\ud83d\ude80 Morning Wrap (15.11.2024) \ud83c\udf0f<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

\ud83d\udcc9 Asian\u00a0Markets: Markets traded cautiously following Fed Chair Powell\u2019s hawkish\u00a0remarks.\ud83c\uddef\ud83c\uddf5 Nikkei 225: +0.9% \ud83d\udcc8 (despite weak GDP\u00a0data)\ud83c\udde8\ud83c\uddf3 CSI 300: Slight\u00a0decline\ud83c\udde6\ud83c\uddfa ASX 200:\u00a0+0.5% \ud83d\udcca US Futures During Asia\u00a0Hours: Russell 2000:\u00a0-0.63%Nasdaq 100:\u00a0-0.51%S&P 500:\u00a0-0.38% \ud83c\udf0d Europe Set for Lower\u00a0Open: \ud83c\udde9\ud83c\uddea DAX 40:\u00a0-0.24%\ud83c\uddec\ud83c\udde7 FTSE 100:\u00a0-0.19% \ud83d\udcc9 Key Data\u00a0Points: \ud83c\uddef\ud83c\uddf5 Japan\u2019s Q3 GDP: Slowed to 0.9% YoY (from 2.2%), slightly […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-21425","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21425"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21425"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21425\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}