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16 Nov 2025

Back to work

• Cross-currents. Bursts of intra-day vol., but net market moves minimal. US equities flat on Friday. AUD & NZD ticked up a fraction.• US data. With the government shutdown over US data flow picks up. Delayed September non-farm payrolls report due this week (Thurs night AEDT).• Event Radar. Australian Q3 wages are out (Weds). Global PMIs are on the calendar (Fri). Several US Fed members also set to speak. Global Trends Intra-day market gyrations continued Friday, but the net moves were modest. After opening lower on the back of lingering valuation concerns across the tech-sector the S&P500 ended the session...

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