WS #12232
Morgan Stanley launched Bitcoin, Ethereum, and Solana trading on E*Trade, a bullish signal for crypto adoption. The equal-weight S&P 500 crushed its market-weight version, suggesting broadening market participation away from mega-cap tech. PBOC set USD/CNY reference rate at 6.7909 vs estimate 6.7577, a slight weakening signal for CNY. The average US 30-year fixed mortgage rate hit 6.55%, a negative for housing and consumer sectors. Bank of Korea unanimously raised its policy rate 25bp to 2.75%, a hawkish signal for Asian markets. Australian consumer inflation expectations fell to 4.7% in July 2026 from 5.5%, a dovish signal for RBA.
Morgan Stanley Crypto Trading on E*Trade
Morgan Stanley launched Bitcoin, Ethereum, and Solana trading on E*Trade, a bullish signal for crypto adoption.
The equal-weight S&P 500 crushed its market-weight version, suggesting broadening market participation away from mega-cap tech.
PBOC set USD/CNY reference rate at 6.7909 vs estimate 6.7577, a slight weakening signal for CNY.
The average US 30-year fixed mortgage rate hit 6.55%, a negative for housing and consumer sectors.
Bank of Korea unanimously raised its policy rate 25bp to 2.75%, a hawkish signal for Asian markets.
Australian consumer inflation expectations fell to 4.7% in July 2026 from 5.5%, a dovish signal for RBA.