🟢Alibaba, Tencent rally as Beijing stimulus plans push China’s tech stocks to 13-month high.
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🔴Banks including Goldman Sachs and Bank of America expect the pound, currently trading about $1.34, to climb in the coming months.
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DECISION ON BLACKROCK AND BITWISE ETHEREUM ETFS POSTPONED In a statement issued by the commission, the US Securities and Exchange Commission decided to postpone its decision on Nasdaq’s proposed rule change regarding the listing and trading of options on BlackRock and Bitwise’s Ethereum spot exchange-traded funds. The statement explained that the ruling (which was scheduled to be issued next Thursday) has been postponed until November 10. The SEC’s decision comes on the heels of the recent approval of options trading on BlackRock’s iShares Bitcoin Trust (IBIT), which was approved last week.
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