Express
Summary: Overnight and Morning US News Highlights
Summary: Key updates from last night and this morning in the US: 1. In November, ADP employment numbers in the US decreased by 32,000, compared to an expected increase of 10,000. Following the release of ADP data, the probability of a 25 basis point rate cut by the Federal Reserve in December slightly decreased to 88.8%. ...
Key updates from last night and this morning in the US:
1. In November, ADP employment numbers in the US decreased by 32,000, compared to an expected increase of 10,000. Following the release of ADP data, the probability of a 25 basis point rate cut by the Federal Reserve in December slightly decreased to 88.8%.
2. Sources reveal that President Trump's aides and allies are discussing a personnel arrangement: if Trump appoints Haslett as the next Federal Reserve Chairman, current Treasury Secretary Bennett may also become the Director of the White House National Economic Council.
3. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the "Cryptocurrency Market Structure Act" is set to be passed.
4. Polymarket officially re-enters the US market, launching a US version of the app.
5. Franklin Solana spot ETF is now listed for trading.
