On Tuesday, US stocks showed mixed results, with the 10-year Treasurys hitting an all-time low of 4.2%. This came on the back of reassurances from renewed labor market data which reflected a slowdown in job openings from 9.4 million in September to 8.7 million in October. In the markets, investors are expecting the existing FOMC meeting to bring a pause to rate-increase policies, but presume that interest cuts may be on the cards for as soon as January. Investors will be combing for more information as weekly jobless claims are released compositeively on the rise alongside bonds and cryptocurrency, with speculators eagerly awaiting the release of November’s key jobs report on Friday; giving more clarity on the USeconomy’s macroeconomic roadmap.
