Tech rout, Bitcoin slide test demand ahead of SpaceX IPO
Why it matters: A 5% Nasdaq 100 drop and Bitcoin falling below $60,000 could drain retail cash from what may be a record IPO.
The Business Times (Singapore), Bloomberg
Why it matters: A 5% Nasdaq 100 drop and Bitcoin falling below $60,000 could drain retail cash from what may be a record IPO.
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
Why it matters: stronger hiring and upward revisions for March and April reduce pressure on the Fed to cut rates soon.