World Market News of the 20 November with FXOpen #boj #dowjones #sp500 #nasdaq #btcnews

BANK OF JAPAN NEEDS TO WALK AWAY FROM ULTRA-LOOSE MONETARY POLICY TO SUPPORT YEN — DEUTSCHE BANK Among major central banks, the Bank of Japan has been most notorious for its ultra-loose monetary policy, but that must come to an end soon to support the country’s currency, according to Deutsche Bank. “For the yen to do something meaningfully better you really need more of a dovish pivot in every other central bank, or the Bank of Japan really has to start walking away from quantitative easing and negative rates,” Tim Baker, G10 FX strategist at Deutsche Bank, said. If the yen falls below , it will clock a 33-year low against the dollar. Source: CNBC STOCK FUTURES OPEN LITTLE CHANGED TO START THE SHORTENED THANKSGIVING HOLIDAY WEEK U.S. equity futures opened little changed on Sunday evening, heading into the shortened Thanksgiving holiday week with all of the major averages coming off of their third straight winning performance. Futures tied to the Dow Jones Industrial Average fell 2 points, or less than 0.1%. S&P 500 futures were down by about 3 points, or nearly 0.1%, and Nasdaq 100 futures were lower by 34 points, or 0.2%. The S&P 500 closed last week higher by 2.2% and the Dow added 1.9%, marking the first three-week streak for the indexes since July. The Nasdaq Composite finished the week higher by 2.4%, notching its best week since June. Source: CNBC JAVIER MILEI WINS ARGENTINE PRESIDENCY; BITCOIN GAINS NEARLY 3% The self-described anarcho-capitalist has been supportive of bitcoin, calling it “the return of money to its original creator, the private sector.“ Trading quietly through most of the weekend, bitcoin (BTC) began rising late Sunday afternoon on chatter about a strong showing for Milei. Following Massa’s concession, the crypto currently is higher by nearly 3% over the past 24 hours to $37,350. The next president of Argentina will be Javier Milei as his opponent Sergio Massa conceded on Sunday evening, saying “Argentines chose another path.“ With roughly 87% of the votes counted, Milei has 56% of the tally versus Massa’s 44%, according to Bloomberg. Source: CoinDesk 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.