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PropMarketCapFRESHRegulation

US Department of Labor sent a rule on crypto in 401(k) retirement plans to the White House

The US Department of Labor submitted a draft rule that opens 401(k) plans to alternative assets, including cryptocurrencies. On Thursday, November 5, the document went to the White House for mandatory review - this is the stage before publication.

PropMarketCapMacroeconomics and central banks

US jobless claims: 189K vs 196K forecast ahead of NFP

The US Department of Labor reported on Thursday at 16:30 Moscow time: in the week to October 31, initial jobless claims came in at 189K versus a forecast of 196K. Layoffs in the American economy are lower than expected - and this is a day before the main employment report.