With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks.
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The jobs data is due at 12:30 UTC. According to FactSet, the median estimate for total nonfarm payroll employment in March is 130,000, down from February's 151,000 tally. The jobless rate is forecast to have risen to 4.2% from 4.1%.
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What is at stake for banks are existing and prospective client relationships as they compete for market share among retail and institutional participants looking to engage in digital assets. Banks that lead the way will be able to differentiate their products and create capital-efficient revenue streams.
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