Tuesday: Bitcoin surges on Trump trade

NOV 11, 20248 MIN
5 in 5 with ANZ

Tuesday: Bitcoin surges on Trump trade

NOV 11, 20248 MIN

Description

The Trump trade surge continues: Bitcoin hits a new record high and the US dollar bounced another half-percent overnight. Expectations for another Fed rate cut in December grow more wobbly; and weary ECB policy makers suggest rate cuts could help ward off negative US trade moves.

In our bonus Deep Dive interview, ANZ’s Head of Australian Economics Adam Boyton analyses a surge in jobs in aged care and disabled care, which is lifting female workforce participation.


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