SimpleFX

One final boost. US inflation data lands tomorrow, and spread cashback rises to 50% for the final two days of Beyond the Vote.

Promo ends on 10 November.

🇺🇸 simplefx.com/lp/beyond-the-…

Around $1.5B in mostly long positions was liquidated within 24 hours of the Binance hack, which is a good reminder of what a fast market does to traders who have no plan for the moment they turn out to be wrong.

Our analyst @BC_Richfield focuses on the risk side: setting a maximum loss per trade and a daily loss limit, either as an amount of money or a number of trades, before volatility arrives, so that your bias and your position size do not decide how a bad day ends.

Watch the full video: youtube.com/watch?v=iywmpg…

US jobs report for October is out. Nonfarm payrolls rose by 165K, well above the 63K forecast, after a 29K gain in September that was later revised to 60K.

The unemployment rate fell to 4.1% from 4.2%, and Treasury yields moved higher after the release. NFP tracks how many jobs the US economy adds outside farming each month and is one of the most closely watched data releases.

Next on the calendar: the October CPI report on November 10 and the Fed meeting on December 9.

Alphabet had its worst day on record after earnings, yet Microsoft’s stock held up well in the same week with Azure growing 48%, so what makes investors forgive big AI budgets in one case and punish them in another?

Our analyst @BC_Richfield goes through the examples, from Alphabet’s sell-off and Amazon sticking with its heavy capex plans to Intel’s sharp drop after weak guidance, and looks at the question sitting behind all of them: who pays for AI?

Watch the full video: youtube.com/watch?v=iywmpg…

Paraguay’s major digital bank is frozen, and within days the president is out.

Ueno Bank went into resolution after its solvency ratio fell below 50% of the legal minimum, leaving about 3 million customers without access to their accounts. President Peña then resigned as Congress moved toward impeachment.

A bank failure turned into a political crisis in under a week.