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This week on Morning Pulse, the markets behaved like they already knew what next week’s Fed meeting would deliver. Bitcoin jumped after Vanguard finally opened its platform to crypto ETFs. Bonds positioned themselves as if a rate cut is a done deal. And everywhere you looked, investors acted calm on the surface but a little tense underneath. In this Saturday’s conversation, Tina Williams and Max Rebello break down a week that looked simple at first glance but felt more complicated the longer you sat with it. We talk through: • Bitcoin’s sharp bounce after Vanguard changed its stance • Why the bond market is moving in two different directions at the same time • Japan’s expected rate hike and why it matters for global risk • Gold holding steady near its highs and silver racing ahead • Oil drifting near its recent lows and what that says about demand • UAE real estate setting new records while the rest of the world waits for clarity • The growing chance that the Fed delivers a cut but not a unified message There is also one surprising detail from this week. US weekly jobless claims fell to their lowest level in more than three years. That single number raises new questions about how strong or weak the labour market really is and whether the usual rate cut story still holds. If you listened last week, we left off wondering whether the coming cut would feel like a cushion or a confession. This week moves the question forward. What if the tone of the cut matters more than the cut itself. Morning Pulse is where we slow things down and talk about the week the way people actually experience it. No noise. No drama. Just the signals that shaped how the markets felt. New episodes every Saturday.