Altman to MSFT / Argentina / FOMC minutes & NVDA earnings tom / #JPY still / USD 2months lows ..

The right-wing, self-described “anarcho capitalist” Javier Milei has been elected into power in Argentina
Thanksgiving week ahead, NVDA reports tomorrow, FOMC minutes, durable goods, services and manuf PMI's + the usual raft of CB speakers >>> CNH decetn pick up, weaker USDollar overall still 2-3months lows by now..OPEC weekend 'extention of cuts' likely
A deal for Hamas to release hostages taken during its Oct. 7 attack on Israel may be the closest yet and would require a multiday pause in the fighting in Gaza, US Deputy National Security Advisor Jon Finer said
Moody's announced Friday it had affirmed Italy's credit rating at Baa3, and upgraded the country's outlook to "stable" from "negative," citing its significant economic strengths
Why the Godfather of A.I. Fears What He’s Built. Geoffrey Hinton has spent a lifetime teaching computers to learn. Now he worries that artificial brains are better than ours
Deutsche Bank will take a $350 million loss on a New York City office building they bought in 2014
Microsoft's Satya Nadella: Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team
The economy is meaningfully less interest rate sensitive than in times past. Using some jargon, r* has risen/M.Zandi
Bayer, an iconic company in troubles, shares 12y lows
"This is a social earthquake" says Ikea CEO - Sweden's huge gang violence problem
Pimco makes bold yen buying move, forecasting Bank of Japan monetary tightening

Markets :

Price action changes mood and more >>> same time last year, after a rough bear market, everyone was pretty much all-in on the recession for 2023, now after a pretty decent equity rally, everyone is all-.in on soft landing..
USDollar weaker still, positioning way too long, watch 10y UST yields if they break sub 4.35% area, could add to USD downside. #USDJPY picture perfect - chart below
Equity markets loving weaker usd, softer vols, weaker Oil etc, seasonal factors helping sentiment too still
UST 10y yields support 4.35%
Crude WTI held low 70's ahead fo OPEC+ meeting, which will most likely hold on to production cuts
BTC loving the election result in Argentina