PANews November 10 news, Greeks.live researcher Adam posted on platform X stating that the US election ended with a Trump landslide victory, Bitcoin broke through its historical high, driving multiple mainstream cryptocurrencies to surge, and the market sentiment is very high. The cryptocurrency market is now independent from other markets, often reflecting important fundamental changes first. Last Friday's interest rate meeting decided to cut rates by 25bp, with the fundamental support for the investment market during this rate-cutting cycle. The current at-the-money IV has decreased to below 60%, with strong selling pressure, as sellers are offloading in a big market. This week’s major events include:
11/12 Tuesday Federal Reserve Governor Waller speaks at the banking conference (23:00) 2024 FOMC voter, Richmond Fed President Barkin speaks (23:15)
11/13 Wednesday US October CPI (21:30) Several FOMC voters give speeches
11/14 Thursday European Central Bank releases the minutes of the October monetary policy meeting (20:30) US initial jobless claims for the week (21:30) US October PPI (21:30) US President Biden, Australian Federal Reserve Chairman Bullock, and several FOMC voters give speeches
11/15 Friday US October retail sales month-on-month (21:30) Federal Reserve Chairman Powell, Bank of England Governor Bailey, and several FOMC voters give speeches
