Airbnb drops 🏠 US jobs & ISM 👀 OPEC & Oil 🔋 EURUSD 💶 Earnings: Qualcomm, Airbnb, Moderna 🎢

FlowBank's hand-curated fresh financial news [View in browser](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nN4Zjb_V3Zsc37Cg_6bW67HlTc6L063DW7YHzSw1jksNDW4xPhDQ3t0VVMN21RL2YTRj4jV9Dvxc5nqvGJW6_Wzg87R0MKyVxFqbN4JJ_vvW4shbsD4Lth3JW80qK404lML7XW6gvdzN2h9Sb2VycQHG282C42W3-mVTC6grGVqW3Dbt5X3HYmjnW9lcGpv42nmvfW5fpf6t1JXx0VN13xTgw82KnbW4kbPyW2KrLDHW6flbhd73QV8JW8jzcRg5wSqJgW6YyGpk4R-JY0Vx8yBq4GsKtBW4tZ4Lb7k-BcLW8WvbGM10jfNgW1Z5wD84jYTwRW477H505vwHCdW58wcR52gd0CrW1-Hzgc6c7LhcW647bM21wqBnTW85vDTP4qKWhPW8rPLDn7S7T93W3Lq9St5jyYWtVSCWj26TNr6nW2823n1592JYCW8h_hnb8W_N1S31yQ1) [header_noDither] 1.11.2022 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. The Big Story [airbnb-a8707ed9_original] A day before the vacation rental website Airbnb (ABNB, -7%) publishes third-quarter earnings, concerns about an economic downturn (the tourism industry, in particular) caused shares of Airbnb to decline. Mortgage rates have increased over the previous six months. This is impacting Airbnb hosts, particularly business people who manage numerous properties. [Start Trading](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9p32-MK5V1-WJV7CgDNxW6QSkqn80HL3zV9GYJF1BcHhsW8NP-QW5Bjkj1W8N7QMc7kSPnQVZvY9c331Z4FW78pxjp1s7JXJW7txQSP3KGy1GW8m1jBG6CFV_JW8MY72K3WNKf0W57qTw52ZC1QXN99NNMwVtXQhW6gb5147F-S5_W60ZmHn8h3XjpW3hvd6S6mwl9TW8qGM9990tcB7V-lkF_72Rf5jN6Y9XV2kp5RpVk5jr597NHVMW1Tkmny2hbM65W885wKn1q7Rhw2FS1) Trader's Corner In focus • In light of rising interest rates, the monthly employment report and ISM survey report will be keenly scrutinized for any indications of the health of the economy. • Ahead of the FOMC meeting, yields and the dollar are steadily rising, squeezing liquidity and weighing on risky assets. We'll be keeping an eye on if they continue to rise today. • Lastly, among earnings, analysts will be watching Airbnb and AMD. Should growth in Airbnb's gross bookings metric, which is an early indicator of future revenues come in above 20%, stock could jump. For AMD, a positive surprise in Q4 guidance could improve sentiment for the chip stocks Economic data • US ISM manufacturing PMI, JOLTs job openings • UK Manufacturing PMI • OPEC Meeting Earnings • Qualcomm, AMD, EA, Uber • Pfizer, CVS Health, Eli Lilly • Yum! Brands, AIG • Toyota, BP, Marathon Petroleum Crypto • Bitcoin failed to move above its 100-day moving average resistance line. A cautious sentiment among traders ahead of the FOMC minutes led to a 1.5% decline (USD20'400) • Following the announcement of its digital rupee initiative in February, the Reserve Bank of India is on track to introduce a central bank digital currency for the retail segment within a month in select locations. [Screenshot 2022-11-01 at 07.21.07] [Start Trading](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9p32-MK5V1-WJV7CgTryVmYHgw2JB40xW65c73x9gC731W2_lsb85xDm0CW7Kfpt97KpV80W6VpFHd2JnWZGW27ckJc4k3g9_W8_2Lt83WTCvVW70YM1v7pVjqRW59RF_x7n_67PVbWrXt2GNY3BVqrTpC4pLGzgVGKbfM4F-zQ7W7yY5T761Zl1lN4-pWKsvvgC1W3jXYJt7wXly7W6fMC9V8jLNvjW1rZWSx6PzCxYVf_T3K4q54qFW3sXMWH7y2WC5W3H_c9C7j1xBx39VK1) Market Recap Stocks edged lower, dragged down by the weakness felt in chip and communication stocks. US casino stocks with exposure to Macau climbing after positive news from China. And oil fell after weaker-than-expected Chinese manufacturing data added to growth concerns. In Europe, the region's record-high inflation pushed up bond yields. Treasuries slid. The dollar strengthened. The yen weakened. And the euro declined due to dovish comments from ECB Governing Council member Visco. This morning, stock futures are modestly heading higher after a retreat in the dollar and Treasury yields, which came after the Australian Reserve Bank lifted interest rates by a quarter point, in contrast to the Fed's anticipated large rate hike tomorrow. Chart Of The Day Euro-area inflation surged to a fresh all-time high. Consumer prices jumped by 10.7% from a year ago in October, far exceeding the 10.3% median estimates. [EU INF](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nN2-MJQV1-WJV7CgQ57VyRNDR20qCT0W4CGW0Y6MXS0fW4pqWGs54gYszW6PFf_G8Nk2x2W2dg7nB3JHzCRVnNqxF6xzD32W3cQxl_8ZFGSkW8s9gv65YB5gBW4L9yZw4zGytKW5VNdr06j-qr9W9f_9HZ3CRNLcW4TGcBj3XJxymW343pPK6nqJJ2W1yVRLW2xYRWyW2TLcDZ8g0DyLW90_8cc4dWBctW204bmq6J6-W4W8yqXXL41pW9X38fT1) FlowBank Blog MonthlyFlow - November 2022 [Outlook](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nN2-MJQV1-WJV7CgYwPW7lZZSY6qmCkjW51ck895-kkc3W1CydGN7vRFTrW2rX93R5ffcNqN5HPXsRK68VLW83_CSF3ym9ChW1fL0lT1662tYN7hRF6f2yM1-W7KrL-p25Q_4pW8Y92g55HZVgjW5qRd5v6S9PdTW6q_zx143JQV-W4FSxNs5QyYZ6W12pXcS54n3xMW7Mz2Qh7G9T9BW5PmVy54jmD26W4pZfMJ6Fyf9zW8Khgdb1vwP0X3pZv1) Pause and assess - Any indication of a pause in hikes, especially from the Fed, should boost markets further - Sentiment is extremely negative, which could support the upward move - Softness in labour and inflation data would be key for investor sentiment Read More [Stay on top of market moves with our LiveWires](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nt2-MJwV1-WJV7CgQJ8W5ZssH-7Qt1sgW1g2ZW06w9JsRW1nMX4h5TRsWpW4HK1kc6TF5XsW28LDKl2mcrKcW3c2X7b3RQxxNM53KFxFq0fYW85BlYk2FgZK1W8pPhPh10GdzRW573wVm54rLl-W5Q8qSK43g6B6W95S-gW4wj_F8W1TS2fP7LnPxsW1dFywM4rjK9cN9065qWSHkvFMDhyZgR5-KM3nHB1) [Don't miss our Popular Themes](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nN2-MJQV1-WJV7CgT_VW7h2BRn5d0zcMW3Tt_BM6pLxpSW57MrPy6dd902W3PPy_w9933LbW4hgFMW4bL5hDN5G6vtqyjvvWW6M8Dkb5mssSsW97CT7_2B-j_CW67b4_k13LlRqW1PlbXQ467XL7W4Bxwg86KqQdmW61KXvZ6RSl4xW50VGjy92kVK_W22lkw-19kZ4rW4Zw6yj69Q3kPW8b3Lgx5SYNL-W5T581K5ZxnWcW46Cfgx7CBpHK31tw1) [Read our latest Research](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nN2-MJQV1-WJV7CgWgHW2k2dNv6Yc-SCW27S9p16WjshjW4FvnBJ90pgfmN8DC-7ZD3rxXW85VRcL45SgSzW2y-rKH96c2LDW4-yBMJ4HGCKZW8VbgBg2c6nlvW7KsvGj56JfRLN1f_Cmcnv8zNW81ZxpQ8qb54xW9bmYrs48DhKLW3NmkkX495WJvW8dCNHF66m8MTW88-4k45v20JFW1sBZsG8ZV1ZHW6dSBYt6kTgP9W22CSJ36sVZfL3n_-1) [Follow us on Flow TV](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nt2-MJwV1-WJV7CgXZkW8gPzB58yYPYkW7Ms0cJ8lq69fW7JfsR_4mjcVDW3Prd1S64YZWRW49MbYF3v-6TgW2dXFNj3WpZ_zW4hsjzw3Wgx0_N4PKtLBzf9wgN3P14VmFvZG0W7XmB9z1n2kWzN9bbpfNrjnFkW5pQ-jm73T1WzW4p1DMY1_cjCnW1YdB0H8n_gxgW3nP0x92zQxGDW8G9MPZ3mWYHl37qM1) [flowbank-logo-2022-green-3] Facebook [LinkedIn](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nN2-MJQV1-WJV7CgY55W2Mx7hH7rvxdFW5cymlj8535KSW8C77NW4j2k8GN1gBz_tM96TnN56mszL6_RsTW60jkts4VF691W4LSVCh2qSS5VVYS19s1VbGSvN2nS37RGvLDnW8H29NG220kn7W5gRD673hlDxyW5G0gyl3T4NS-VCW7vR62zxvsW860wW46XKBYPVJpFVJ4pkgmsN9bk7-bwsj7vW2mKcHM4_TQyQVv1vyn5GQbMy3kh-1) [Twitter](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nt2-MJwV1-WJV7Cg--cN88pj03BXhg-W7_l2Yk8qtxKyW1nCZzw3JmtGTW8lzy6L6X7KHWW3TMdXR36SPJqW53LThQ2BRhRtW4ZG53T8FTjsVN2XGyvRVJxsBW7QVVjv6NCJ-bW8_06gK634D70W20d_bt4vSYR4W8dNjW_6JDCRnW79nGb824qWpCW13G5j17CJhr8W7TxrKC7HG9nkW8NV1c03rTj1p3pXS1) [Instagram](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9nt2-MJwV1-WJV7CgKKbW3c2GN46rMqz5W8Qx3Rp7XGXRdW5Z-QFd80Pn3cW5sJD9M7D6GNGW7WSNlp6wkwkcN1Ccl3YRy1M3MJrjCPwkdcMW998zdl1ys76-W14JcPv6gTz8DW11C6y41g6mYwW2JDj282qpfMkN47_N9W6xPHjVSrc494ft9l_W81lBmf96yj_HW2kV4Kl8ZpB0RMwz2sftrrD53mKp1) [YouTube](113/cXx8Z04/VWJVfX6ppMgWW7_8_NK96dw9pW4YmM-14RRWnKM_h9p32-MK5V1-WJV7CgVBsW3-280w6KlrZsW7m6J3q5HTb5QW36C_F77-dfcgW7C-cJg82X5FSW7Y1xNF27lSNnW7JW9Tx8FvyYRW1yKxJ851FybLW7c4-t53Hwx2PDrSwWyzz7cW1gtJNJ4R6Jw6VJCXwp6m3JmkN84ZL1f5wtv0W6cSq7y96rdKBN506tmqK2xvnW3xqp6t1sStfzW8NgD2G3y9VSgW5ZDllC8VZCTPW7nNkmp7wRPgnW1_GlXd58DTW_W5_N6LY2HBKbw3nH-1) FlowBank SA, Esplanade de Pont-Rouge 6, P.O. 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