World Market News of the 27 November with FXOpen

STOCK FUTURES FALL SLIGHTLY ON MONDAY Stock futures dipped on Monday as Wall Street looks to build on four straight positive weeks for the equity market. Futures for the Dow Jones Industrial Average ticked down 85 points, or 0.24%. Futures for the S&P 500 slipped 0.3% and Nasdaq 100 fell 0.4%. Wall Street is coming off the fourth-straight winning week for all three major averages, as stocks have rallied since the 10-year Treasury yield retreated from the 5% mark it briefly topped in late October. Source: CNBC

JGB YIELDS TRACK US PEERS HIGHER Japanese government bond (JGB) yields rose on Monday, mirroring Treasury yields ahead of another US inflation reading and two auctions for JGBs later in the week. US Treasury yields ticked up on Friday during a half-session after markets were closed the previous day for Thanksgiving. The benchmark 10-year US Treasury yield last hovered around 4.5% during Asian trading hours. JGBs followed suit, with Japan's 10-year yield up marginally at 0.78% after falling to its lowest since early September last Tuesday at 0.69%. Source: Reuters

GRAYSCALE BITCOIN TRUST COULD SEE $2.7B OF OUTFLOWS IF ETF CONVERSION IS APPROVED: JPMORGAN A significant number of Grayscale Bitcoin Trust shares have been bought in the secondary market this year at a deep discount to net asset value in anticipation the trust’s conversion to an exchange-traded fund (ETF) will be approved by the US Securities and Exchange Commission (SEC), JPMorgan said in a research report. The bank estimates a net $2.5 billion has flowed into GBTC since the start of the year, increasing to $2.7 billion if adding the covering of short interest. Source: Coindesk