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0.00069896743447189 0.000127084988085847 -0.00222398729150116 -9.53137410642501E-05 -0.00114376489277208 0.00238284352660842 -0.00533756949960288 -0.00619539316918185
Stock impact report

Morning Bid: Trump bets cashed in before US CPI [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Investors sobered up from post-election euphoria over Republican Donald Trump's victory and took some profits ahead of Wednesday's October U.S. CPI report, which kicks off a calendar thick with U.S. news events markets will be watching the rest of the week. While CPI will not be a trading factor for Asia until Thursday, it has ramifications for global markets already nervous about how Trump's hardline trade policies might impact U.S. growth, inflation, interest rates and thereby the Federal Reserve's easing trajectory. U.S. stocks eased and bitcoin faltered after flirting with $90,000 on Tuesday while Treasury yields jumped on reopening from a long weekend as the ramifications of tax cuts, trade tariffs and wider budget deficits under the new administration were priced in. Wall Street's stumble was similar to downward moves in Asia, in what looks like a negative feedback loop. Trump's agenda should be easily pushed through Congress, now that Republicans appear to have won a m Show less Read more
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