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Economic Indicator
SNB’s Schlegel says will not hesitate to modify policy if price stability is endangered
Swiss National Bank Chairman Martin Schlegel said on Wednesday that inflationary pressures have increased as the October figure exceeded expectations. Schlegel added that the central bank won’t hesitate to modify policy if price stability is endangered.Fxstreet
Wed, Nov 4
Cryptocurrencies
Sequoia raises $10B, shuts London office in Silicon Valley reset
The venture capital firm Sequoia Capital has raised approximately $10 billion in a new round of funding but has also cut back on its operations. On Wednesday, the firm said it will be shutting down its London office and discontinuing two of its founder programs in favor of a more substantial focus on the San...Cryptopolitan
Wed, Nov 4
Earnings
Clipper Realty Q3 2026 Earnings: Residential Growth Lifted Revenue but AFFO Fell
Clipper Realty’s Q3 2026 revenue rose 7.4% year over year to $40.5 million as residential rental revenue increased 14.1%, supported by leasing, occupancy, and a full quarter from Dean Street. GAAP net loss widened to $5.9 million, or $0.18 per share, while non-GAAP AFFO fell to $4.1 million from $5.6 million. The terminated New York City lease at 250 Livingston Street reduced commercial revenue and remained the main drag on earnings, partly offsetting stronger residential operations and new commercial leases.
TradingKey
Wed, Nov 4
Commodities
Gold surges above $4,050 as Democrats take control of Congress
Gold price (XAU/USD) gains momentum to near $4,065 during the early Asian session on Thursday. The precious metal rises over 3.60%, the biggest gain since mid-August, after Democrats swept the US midterm elections.
Fxstreet
Wed, Nov 4
Technical Analysis
USD/JPY Price Forecast: Bullish pin bar faces 200-day SMA wall
The USD/JPY edges lower but trims some of its earlier losses, down 0.20% in the aftermath of the US midterm election results. However, the pair seems to form a tilted bullish ‘pin bar ’, yet it remains consolidated within the 50- and 200-day SMAs, each at 157.39 and 158.62.
Fxstreet
Wed, Nov 4
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Dow Jones futures fall amid Fed rate hike fears, Nvidia leadership shakeup, PPI data eyed
