☕️ GM Munchers! If the markets have been making you feel like you need a crystal ball, don’t stress. Here’s your quick guide to what’s hot, what’s not, and where we see opportunities.

On today’s menu:

• Fundamental Analysis 101: How To Outthink the Markets ✅

• A New Giveaway! 🎁 

• Was Satoshi Nakamoto Just Revealed? 👀 

Your Ultimate Guide To What’s Happening In The Market ✅ 

Right now, there’s a lot happening.

Central banks are shifting gears, oil prices are spiking, and even Kamala Harris’s poll numbers are shaking things up.

Staying informed isn't just a good idea; it's critical. Because in trading, sometimes not knowing can cost you—big time. But don't worry, we’ve got your back.

Let’s dive into the good stuff.

The Fed, RNZD, and BOJ: Rate Cuts, Hikes & Market Jitters 💸

1/ RNZD’s Surprise Rate Cut 🇳🇿 The Reserve Bank of New Zealand dropped rates by 50 basis points, from 5.25% to 4.75%, without giving any hints about what’s next.

Lesson 101: Rate cuts usually mean a weaker currency, but without any guidance, it’s unclear where they’ll go from here.

If I were a Kiwi trader, here’s what I would be doing:

• I wouldn’t try to fight the trend. ❌ 

• I’d look for any significant pullback to try to jump into and accumulate some short positions. 💪 

• For the US dollar to become weaker versus the New Zealand dollar, we’ll need a significant change (like my wife’s mood before and after she eats) in the fundamentals. 🌊 

2/ The Fed’s Big Move 🇺🇲 Like your grandma at Thanksgiving finally bringing out the big carving knife, the Federal Reserve recently slashed rates by 50 basis points, its largest cut in years.

But according to Fed bigwigs like Boston’s Collins and Vice Chair Jefferson, don’t expect another big slash in November. 

This means:

• Equity markets might stabilize... 😥 

• But it also implies that the dollar’s weakness could be a slow burn rather than a flash crash. 💥 

3/ Japan’s Unique Path 🇯🇵 While the rest of the world is focused on cutting interest rates, Japan is eyeing another rate hike, acting like that kid in high school that still wears a winter coat in spring—sticking to their own pace, season be damned.

Japan’s long-standing low (even negative) rates have made it a bit of an outlier, but with inflation and economic pressures mounting, they’re signalling a more “proactive” approach. I

f they hike, the yen could see a bump—but this is Japan, so any economic news tends to be rather muted.

Crude Oil, Crypto, and Stocks: What’s Really Moving? 🌊💹

4/ Oil Prices Surge on Middle East Tensions 🚗 Oil’s been on a tear lately, jumping from $65 to $78 a barrel in under a month.

Rising tensions in the Middle East are the culprit here, as global supply concerns keep traders on edge.

For energy traders, higher oil prices usually mean higher volatility across the board. 🎢 

5/ Crypto’s October Snooze 😴 Remember "Uptober"? Well, Bitcoin didn’t get the memo.

It’s still stuck in a painfully tight range between $60,000 support and $65,000 resistance.

Historically, October is a strong month for crypto, but BTC is treating it like a New Year’s resolution—big expectations, zero follow-through. We’ll be sitting on our hands until this range finally breaks.

6/ Stocks Bounce Back 📈 After a shaky August and September, U.S. stocks have rebounded to fresh highs.

Why?

It’s the Fed’s rate cuts, of course.

Fundamentals 101 👉️ When rates drop, the dollar’s appeal fades, and investors often move into equities.

For stock bulls, this recent rally could just be the start—assuming the Fed doesn’t pivot again.

What Does This All Mean for You? 📊

So, with central banks all over the map, oil spiking, crypto stalling, and stocks rising, where does that leave us?

At Pip Munch, we live by a simple rule: never take a trade without a “fundamental idea.” 

That means we don’t buy a stock, short a currency or go all-in on a commodity just because there’s a good-looking trendline. ❌ 

We build a thesis—a solid reason to believe an asset will move up or down. Then, and only then, do we pull the trigger, using technical analysis to time our entries.

Here’s our game plan moving forward:

1. The world has begun shifting to a lower interest rate environment. This means medium and long-term, we’re bullish on equities, crypto and commodities. 📈 

2. That said, the US is still in the best economic position, so we want to be long the Dollar against weaker currencies, like the Australian and New Zealand Dollars. 🥇 

3. With the US Election only 26 days away, we’re still waiting for that October Surprise that could shake the markets. 🇺🇲 

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☕️ Pre-Market Fuel

1. Join our latest giveaway! It’s a chance to win a $50,000 challenge account with Lark Funding.

2. Has Satoshi Nakamoto been revealed? HBO just released a documentary saying that Peter Todd is Bitcoin's secret creator. However, Peter denies it.

3. How do you make the average US salary in trading? The numbers don’t lie. It’s pretty incredible when using prop firms.

4. Kamala Harris is crashing in the polls. Yes, we’re very happy about this (sorry, liberals).

🍪 Munchy Memes

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