Core Insights - The article discusses the impact of halted trade talks between the U.S. and Canada on market sentiment, alongside the positive financial results from Intel that boosted its stock price [1] Group 1: Trade Relations - U.S. President Trump has suspended trade negotiations with Canada, which may lead to increased market volatility and uncertainty in trade policies [1] - The halt in discussions could affect various sectors reliant on cross-border trade, particularly agriculture and manufacturing [1] Group 2: Intel's Financial Performance - Intel reported solid quarterly results, with revenue reaching $19.2 billion, reflecting a 10% year-over-year increase [1] - The company's earnings per share (EPS) were reported at $1.28, exceeding analysts' expectations and contributing to a rise in its stock price [1] - Intel's strong performance is attributed to robust demand in data center and PC markets, indicating a positive outlook for the technology sector [1]

Group 1: Japan's Economic Policy and Outlook - Japanese Prime Minister Sanae Takaichi emphasizes a pragmatic approach to international relations and a strong focus on domestic economic revitalization, describing China as an "important neighboring country" while acknowledging security and economic concerns [1] - Takaichi prioritizes economic expansion and inflation control, announcing the establishment of the Japan Growth Strategy Council and plans for a beneficial tax credit system, alongside support for winter energy bills and the removal of a provisional diesel fuel tax [2] - Recent economic data shows mixed performance, with the Leading Index CI for August at 107.0, slightly below the preliminary figure, and the Coincident Index declining to 112.8 from 113.4, indicating potential economic slowdown [3] Group 2: Corporate Developments - Apple (AAPL) begins shipping AI servers from its new Houston factory ahead of schedule, part of a $600 billion commitment to U.S. manufacturing, supporting AI initiatives [4] - Nokia (NOKIA) strengthens collaboration with VNPT in Vietnam, focusing on 5G network deployment and local production of 5G products [4] - Adidas AG (ADS) sees its target price increased to €201 by TD Cowen, reflecting positive analyst sentiment, while Hochschild (HOC) receives an upgrade with a stock target lifted by 100p to 440p [5] Group 3: Global Economic Indicators - India's October HSBC Purchasing Managers' Index (PMI) data indicates a slight cooling in economic momentum, with the Composite PMI at 59.9, down from 61, while the Manufacturing PMI rises to 58.4 and the Services PMI falls to 58.8 [6]

Core Insights - The crypto market is anticipating the release of September's Consumer Price Index (CPI), which is expected to show a 3.1% year-over-year increase, the highest in 18 months [1][2] - The expected inflation data may lead to larger price swings in ether compared to bitcoin, with ether projected to move by 2.9% and bitcoin by ±1.4% following the CPI release [1][6] Inflation Data Expectations - The CPI for September is forecasted to rise by 3.1% from the previous year, up from 2.9% in August, with a monthly increase of 0.4% [2] - Core inflation, excluding food and energy, is also expected to increase by 3.1% for the third consecutive month, with a monthly gain of 0.3% [3] Market Reactions - A higher-than-expected CPI could strengthen the dollar, potentially limiting gains in the crypto market, while a lower CPI might trigger a risk-on sentiment among investors [4][5] - Analysts suggest that the current market conditions, influenced by the U.S. government shutdown, have created a scenario where a lower CPI could boost bullish sentiment in the crypto space [5] Volatility Predictions - The options market indicates that ether is expected to experience greater volatility than bitcoin, with a projected ±2.9% move for ether compared to bitcoin's ±1.4% [6][7] - Volmex Finance's implied volatility indices for both Bitcoin and Ether suggest similar expected price fluctuations following the CPI release [7]

NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier this month. The Dow Jones Industrial Average rallied 472 points, or 1%, and the Nasdaq composite climbed 1.1%. Both also set records. The data on inflation is encouraging because it could mean less pain for lower- and middle-income households struggling with still-high increases in prices every month. Even mo ...

Core Insights - Balyasny Asset Management is aggressively expanding its presence in Asia by hiring a team led by Ron Choy, with a potential compensation package of $30 million for the portfolio manager [1][4]. Group 1: Hiring and Team Structure - The firm has recruited four individuals for its Asia macro trading pod, including Shumpei Kobayashi and Romain Vincent, who previously worked with Choy at BlueCrest Capital Management [2][3]. - Kobayashi will serve as an associate portfolio manager, while Vincent will take on the role of senior analyst. The other two hires, Ryota Kawai and Paul Schmidt, will also be associate portfolio managers [3]. Group 2: Strategic Focus and Market Context - Balyasny, managing $28 billion, aims to enhance its macro trading capabilities in Asia, a region where it has historically focused more on equities [4]. - The macro trading strategy involves navigating various markets, including equity, fixed-income, commodities, and currencies, to capitalize on broad market trends [4]. - Current geopolitical tensions, trade disputes, and shifts away from easy monetary policies have created increased trading opportunities for macro traders [4]. Group 3: Talent Competition - The competition for macro investment talent in Asia is intense, particularly for yen rates traders, driven by the resurgence of inflation in Japan after a prolonged period of deflation [6].

Russia may halt or slow its cycle of interest-rate cuts this week as Ukrainian attacks on refineries and a looming tax increase stoke inflation risks https://t.co/voTdD05F1b ...

Daily News 🗞 | Oct 24• BlackRock’s ETF purchases $111M in Ethereum• Stablecoins become ‘global macroeconomic force’ as transactions reach $46T• Google unveils breakthrough in quantum computing with Quantum Echoes algorithm• Gold’s worst dip in years wipes $2.5T• As rising inflation, Latin America turns to stablecoins over traditional banks#CryptoNews #PoloniexNEWS ...

By Leika Kihara (Reuters) -Asia may see its resilience to U.S. tariffs challenged if a rally in the dollar and a rebound in low interest rates lead to tighter financial conditions, a senior International Monetary Fund official told Reuters. If the U.S. Federal Reserve continues to cut interest rates, a subsequent dollar decline could allow Asian central banks to loosen monetary policy and support their economies without worrying about the risk of capital outflows, said Krishna Srinivasan, director of the ...

Data-starved bond traders risk seeing the October rally in Treasuries spoiled by the key inflation figures they’ve been waiting for https://t.co/5k0TDhSaW1 ...

Market Performance - Market indexes showed solid performance, with the Dow increasing by 144 points (+0.31%), S&P 500 up by 39 points (+0.58%), Nasdaq rising by 201 points (+0.89%), and Russell 2000 gaining 29 points (+1.22%) [1] Existing Home Sales - September Existing Home Sales were reported at 4.06 million seasonally adjusted annualized units, matching expectations and marking the highest level in seven months, although still below the February high of 4.1 million [2] - Sales of single-family homes increased by 1.7% month-over-month, with inventories rising by 1.3% and supply at 4.6 months. The West region led growth at +5.5%, followed by the Northeast at +2.1% and South at +1.6%, while the Midwest saw a decline of -2.1% [3] Q3 Earnings Reports - Intel (INTC) reported a Q3 loss of $0.23 per share, missing expectations of a $0.01 loss, but improved from a loss of $0.46 per share a year ago. Revenues were $13.7 billion, exceeding the anticipated $13.1 billion, with Q4 guidance in line with estimates. Shares rose by 5.5% in late trading [4] - Ford (F) exceeded expectations with Q3 earnings of $0.45 per share, above the projected $0.38, although lower than the $0.49 from the previous year. Revenues reached a record $50.5 billion, surpassing the $42.7 billion consensus [5] - Newmont Mining (NEM) reported earnings of $1.71 per share, exceeding the $1.29 expected, with gold production of 1.4 million ounces. The company anticipates higher expenses in the next quarter, leading to a 2.3% decline in shares during late trading [6] - Deckers Outdoor (DECK) reported earnings of $1.82 per share, above the $1.58 consensus, with revenues of $1.43 billion exceeding the $1.41 million estimate. However, disappointing guidance led to a 10% drop in shares [7] Upcoming Economic Data - The Consumer Price Index (CPI) data for September is set to be released, with expectations for inflation to rise above 3% for the first time since May 2024, potentially influencing future interest rate decisions by the Federal Reserve [10][11]