🌅 Morning Wrap (02.12.2024) 📊 Stock Markets Asia-Pacific indices are mixed: 🔻 Chinese indices: -0.30% to -0.40% 🔺 Japan’s Nikkei 225: +0.30% to 38,400 points 🔻 Singapore SG20cash futures: -0.09% 💱 Forex 🟢 US Dollar leads gains, up 0.3%–0.5% against other currencies. 📈 Dollar Index: +0.41% to 106.2000 points 🔴 Japanese Yen drops by 0.4%–0.7%. USD/JPY: +0.67% to 150.5380 📑 PMI Reports 🇯🇵 Japan: Manufacturing PMI at 49.0 (down from 49.2 in October) – lowest since March, reflecting weaker demand. 🇨🇳 China: Caixin Manufacturing PMI jumps to 51.5 (up from 50.3), signalling recovery. 🇮🇳 India: PMI dips to 56.5 (from 57.5), lowest in 8 months. 🏠 Australia 🏗️ New Home Construction: October saw nearly 15,500 new approvals (+4.2%), the highest since Dec 2022. 🛍️ Retail Sales: October retail sales surged +0.6% (beating +0.4% expectations). 💻 Crypto Market Bitcoin: -0.90% to $96,200 Ethereum: -0.85% to $3,678 BTC remains stable between $96,000–$98,000, while altcoins surge. 🚀 Payment-focused projects, like Hedera and XRP, soar 25%, with total gains near 500% since elections. Stay tuned for more updates! 🚀