By Omkar Godbole (All times ET unless indicated otherwise) U.S. credit unions joined banks in rejecting reward payments for holding stablecoins while crypto traders await U.S. inflation data that could boost bitcoin buying. The Digital Asset Market Clarity Act is a proposed regulatory framework that categorizes digital assets into three main categories: digital commodities like bitcoin (BTC) and ether (ETH) overseen by the CFTC, investment contract assets regulated by the SEC and permitted payment stable ...

Core Insights - JGBs (Japanese Government Bonds) experienced a slight increase in price as investors reacted to the inflation data released from Tokyo [1] Group 1 - The rise in JGB prices indicates a market response to economic indicators, specifically inflation [1]

Bitcoin is limping into Christmas week with no Santa rally in sight. And Gabriel Selby, head of research at CF Benchmark, says it’s unlikely that the price will recover from its current downtrend until the US Federal Reserve gets a better grip on the economy. With the record US government shutdown delaying inflation data, the central bank will tread lightly and that means buyers are unlikely to tap into the crypto and push up the price, Selby wrote in an investor note shared with DL News. “Until we get ...

Core Insights - Spot Bitcoin exchange-traded funds (ETFs) experienced a significant increase in investor interest, with net inflows of $457 million, marking the strongest single-day intake in over a month [1] Group 1: Investor Activity - The sharp rebound in investor interest indicates a renewed confidence in the cryptocurrency market, particularly in Bitcoin ETFs [1] - The $457 million inflow reflects a notable recovery compared to previous weeks, suggesting a potential shift in market sentiment [1] Group 2: Market Trends - This surge in inflows could signal a broader trend of increasing institutional and retail investment in Bitcoin-related financial products [1] - The strong performance of Bitcoin ETFs may influence other cryptocurrency investment vehicles, potentially leading to increased competition in the market [1]

Core Viewpoint - Markets are anticipating significant updates this week that could influence stock trajectories through year-end and into 2026, particularly focusing on November jobs and inflation data [1]. Economic Data Summary - Major U.S. indexes experienced volatility at the start of the week, initially gaining before losing some momentum [2]. - The job market remains a central focus for the Federal Reserve, which recently cut rates by 25 basis points and is prioritizing labor market support over inflation control [3]. - The upcoming jobs report is particularly significant due to a delay caused by the government shutdown, with expectations of 50,000 payroll additions for November [7]. - Analysts suggest a "bad is good regime," where weaker jobs data could lead to bullish stock market reactions as it may prompt further monetary policy easing [4]. - The inflation report scheduled for Thursday is also critical, with expectations of 3.1% year-over-year growth in headline inflation and 3.0% growth in core inflation [7]. - A series of Federal Reserve speakers this week may further shape market expectations regarding interest rates for 2026 [6].

Delayed jobs and inflation data come out this week, Supreme Court tariffs decision looms, SpaceX could serve up a feast in 2026, and more news to start your day. ...

The first week of December will be a busy oneThere will be plenty of economic data to unpack during the first week of December, including some reports that had been delayed. On the earnings front, American Eagle Outfitters (AEO), Box (BOX), CrowdStrike (CRWD),C3.ai (AI), DocuSign (DOCU), Dollar General (DG), Dollar Tree (DLTR), Five Below (FIVE), GitLab (GTLB), Kroger (KR), Macy's (M),Marvell Technology (MRVL), Salesforce (CRM), Ulta Beauty  (ULTA), and Victoria's Secret (VSCO) are scheduled to report. Belo ...

Market Overview - The market is experiencing volatility and losses, with investors seeking potential catalysts for stock movement [1][3] - Historically, the Thanksgiving week has been strong for stock investors, with the S&P 500 gaining a median of 0.76% since 1945 [2] Consumer Data - September retail sales data is expected to show a 0.4% increase in consumer spending, down from 0.6% in the previous month [5] - The Conference Board's Consumer Confidence Survey for November is set to be released, providing insights into consumer sentiment [5] - The University of Michigan's Consumer Sentiment Survey indicates a decline to its lowest level in three years, reflecting consumer frustration over high prices and weakening incomes [6] Inflation Data - The September Producer Price Index will be released, which could influence the Federal Reserve's perspective on inflation ahead of the December policy meeting [7]

Core Viewpoint - The likelihood of a third federal rate cut in December has been questioned due to recent inflation data and other influencing factors, leading some analysts to suggest that the Federal Reserve may delay any cuts until the first meeting in 2026 [1] Group 1 - Recent inflation data has prompted a reevaluation of the Federal Reserve's potential actions regarding interest rates [1] - Some analysts on Wall Street are now advocating for the Federal Reserve to hold off on rate cuts in December [1] - The possibility of waiting until 2026 for any rate adjustments has been introduced as a consideration [1]

Core Insights - Bitcoin is currently trading around $103,000, with recent investment inflows into US Bitcoin exchange-traded funds (ETFs) totaling $247 million this week, following a significant outflow of $1.2 billion last week, indicating a shift in investor sentiment [1][2] - The reopening of the US federal government is seen as a key short-term catalyst for Bitcoin's price movement, as traders anticipate important economic indicators that could influence interest rates and fiscal policy [2][4] - The upcoming November 13 Consumer Price Index (CPI) report is critical, with expectations that a cooling inflation trend could lead to a liquidity-driven rebound in both crypto and equity markets [3][4] Market Trends - Bitcoin has experienced a 1.8% decline over the past 24 hours, while Ethereum has decreased by 0.7%, reflecting a broader risk-off sentiment among investors [6] - The probability of a December interest rate cut is currently estimated at 55%, a decrease of 8% since earlier in the week, while market betting indicates a 59% chance of a rate cut, down 15% this week [4] Investor Sentiment - Analysts suggest that Bitcoin may consolidate and trade sideways through November, potentially frustrating traders who are anticipating a year-end rally [3][4] - The sentiment among traders is mixed, with some expressing frustration over the current price stagnation and the need for patience before a potential recovery or new record high [3]