🇨🇦 JUST IN: Canada just got a 25bps rates cut.USA, your turn. ...

Financial Policy - The Federal Reserve is widely expected to cut interest rates by a quarter point (0.25%) [1] Geopolitical & Economic Impact - Potential Gaza ceasefire disruption due to renewed Israeli strikes following alleged Hamas attack [2] - US government shutdown leads to air traffic controllers taking second jobs due to missed paychecks [2] - Air traffic controller absences, exacerbated by the shutdown, are causing flight delays [3] - Air traffic controller staffing shortages are worsening due to the shutdown [3] Company Performance & Technology - HK Highix's shares jumped 7% after reporting record quarterly revenue and profit [4] - Strong demand for HK Highix's high bandwidth memory chips, used in AI chipsets, is driving growth [4] - HK Highix's planned supply of memory products for 2026 are already sold out [4] Natural Disasters - Hurricane Melissa made landfall in southeastern Cuba as a category 3 storm with maximum sustained winds near 125 miles per hour [5] - Hurricane Melissa slammed into Jamaica as a category 5 storm [5]

Core Insights - The national average HELOC rate is currently 7.75%, which may decrease if the Federal Reserve lowers the federal funds rate [1] - Homeowners have over $34 trillion in home equity, making it a significant asset for accessing funds through HELOCs [2] - HELOC interest rates are typically based on an index rate plus a margin, with the current prime rate at 7.25% [3] HELOC Rates and Market Dynamics - Lenders have flexibility in pricing HELOCs, and rates can vary significantly based on credit score and debt levels [4] - Introductory rates for HELOCs can be attractive but may convert to higher variable rates after a set period [7] - Current HELOC rates can range from nearly 6% to 18%, depending on individual creditworthiness [9] Benefits and Usage of HELOCs - HELOCs allow homeowners to access equity without refinancing their low-rate primary mortgages, providing financial flexibility [5][6] - The ability to draw only what is needed from a HELOC means interest is only paid on borrowed amounts [8] - Utilizing a HELOC can be beneficial for home improvements or other expenses while maintaining a favorable primary mortgage rate [10] Financial Implications - A $50,000 HELOC at a 7.75% interest rate would result in a monthly payment of approximately $323 during the draw period, but rates are variable and can increase [11]

REMINDER:Fed will cut rate in 12 hoursOdds surges closed to 100% https://t.co/vAytuLCjuy ...

Overall Performance - As of October 23, there are a total of 6,593 public cash management products from wealth management companies, with 6,559 in RMB, 33 in USD, and 1 in AUD [5] - The average seven-day annualized yield for RMB cash products over the past three months is 1.335%, with only 34 products exceeding 2%, and nearly 90% of products yielding between 1% and 1.5% [5] - The average seven-day annualized yield for USD cash products is 3.842% [5] - The top three products by yield are "启源现金4号N" and "启源货币3号G" from 苏银理财, and "招赢日日金96号" from 招银理财, with yields of 2.971%, 2.777%, and 2.187% respectively [5] Product Analysis - "启源现金4号" from 苏银理财 has been consistently ranked among the top cash products since mid-September 2023, with a yield range of 1.26% to 2.99% as of September 30, 2023 [6] - As of October 23, the N share of "启源现金4号" has a yield of 2.98%, corresponding to a return of 0.8045 yuan per ten thousand [6] - The management has increased the proportion of high-yield asset management plans in response to rising market interest rates, although specific investment ratios were not disclosed [6] - "启源货币3号" was established in March 2025, with its top ten assets including cash, bank deposits, interbank certificates of deposit, and ordinary bonds from policy banks [6] - The G share of "启源货币3号" has a yield of 2.64% as of October 23, with a return of 0.7510 yuan per ten thousand [6] - The product has increased its investment in deposits and repurchase agreements while selectively allocating to bond assets during the third quarter [6]

JUST IN: There's now a 98.4% chance of a 25bps interest rate cut tomorrow, according to Polymarket 🇺🇸Bullish! 🚀 https://t.co/EIFpJM4VlQ ...

Key dates this week 🗓️Oct 28 ➡️ 🇩🇪 GfK Consumer ConfidenceOct 29 ➡️ 🇺🇸 Fed Interest Rate DecisionOct 31 ➡️ 🇰🇷 APEC South Korea 2025Which dates are you watching? 👀 ...

Core Insights - Today's CD rates are significantly higher than the national average, influenced by the Federal Reserve's recent interest rate cuts [1][3] - The highest CD rate currently available is 4.1% APY, offered by several institutions for various term lengths [2] - The national average CD rate for a 1-year term is 1.68%, indicating that current rates are among the highest seen in nearly two decades [3] Best CD Rates - As of October 27, 2025, the highest CD rate is 4.1% APY, available from Marcus by Goldman Sachs, Sallie Mae, and Synchrony for different term lengths [2] - Online banks and credit unions typically offer more competitive rates compared to traditional banks [3] National Average CD Rates - The national average interest rate for CDs is significantly lower than current offerings, with the highest rate for a 1-year term at 1.68% [3] - Current average CD rates are among the highest in nearly two decades, largely due to the Federal Reserve's actions to combat inflation [3] Finding the Best CD Rates - It is advisable to shop around and compare CD rates from various financial institutions before making a decision [4] - Online banks often provide higher interest rates due to lower overhead costs [4] - Potential investors should check minimum deposit requirements and review account terms, including early withdrawal penalties [4]

The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a corruption scandal may linger through the end of 2026, an official said https://t.co/eSwUDltTeX ...

The Federal Reserve's policy committee is widely expected to cut its benchmark interest rate by a quarter-point Wednesday, as concerns about the deteriorating job market outweigh inflation fears. https://t.co/bLDdJs0VhO ...