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U.S. stock index futures plunged, with Nasdaq 100 futures falling as much as 1.4%, S&P 500 futures down 0.7%, and Dow Jones futures down 0.2%.
2026-11-12
U.S. stock index futures plunged, with Nasdaq 100 futures falling as much as 1.4%, S&P 500 futures down 0.7%, and Dow Jones futures down 0.2%.
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2026-11-12
A popular CHF carry trade is being unwound, boosting the Swiss franc and prompting market speculation about how much appreciation the Swiss National Bank (SNB) will tolerate. The franc's safe-haven bid strengthened in October amid European political
A popular CHF carry trade is being unwound, boosting the Swiss franc and prompting market speculation about how much appreciation the Swiss National Bank (SNB) will tolerate. The franc's safe-haven bid strengthened in October amid European political turmoil, notably violent protests in France, eroding carry returns. The sell-CHF/buy-euro strategy's YTD cumulative return has fallen from 3.4% at end-September to 0.1% last week. CFTC data show asset managers trimmed CHF-short positions as carry attractiveness declined, but leveraged funds still hold large net CHF shorts; a reversal of those positions could add further upside pressure on the franc.
2026-11-12
Fed Governor Barr said rapid adoption of AI could make labor reallocation more difficult.
Fed Governor Barr said rapid adoption of AI could make labor reallocation more difficult.
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