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Global equity markets declined, led by the US on mixed third-quarter earnings, lingering uncertainties in the Middle East, and higher for longer interest rate outlook.
The MSCI All Country World index dropped 2.0%, the S&P 500 index fell 2.6%, and the Nasdaq 100 index declined 2.6%. The German DAX 40 fell 0.7% and the UK FTSE 100 dropped 1.4%. In Asia, the Hang Seng index fell 1.3%, while Japan’s Topix was mostly flat. Risk-sensitive currencies, including the Australian dollar and the New Zealand dollar, were mostly lower. Bitcoin continued its spectacular run, up 13% during the week.
Past week market performance
Source Data: Bloomberg; chart prepared in excel.
Note: Global Bonds proxy used is Bloomberg Global Aggregate Total Return Index UnhedgedUSD; Commodities proxy used is BBG Commodity Total Return.
Around 49% of the companies in the S&P 500 have reported actual results for Q3 2023 to date, of which 78% have reported actual EPS above estimates, according to FactSet. The S&P 500 is now reporting year-over-year growth in earnings for the first time since Q3 2022.
A key focus in the coming week is on the Bank of Japan meeting on Tuesday and the US FOMC meeting on Oct. 31-Nov.1. See “Central Banks, NFP and Soft EU Data in Focus Next Week,” published October 27.
Markets widely expect the Fed to hold rates next week after a number of Fed officials, including Fed chair Powell, earlier this month pointed out that tightening in financial conditions as a result of the jump in yields has reduced the need for imminent tightening.See “US Dollar Forecast: Could the Fed be the Catalyst for a Correction?, published October 29.
BOJ officials meet at a time when USD/JPY is within the zone that prompted the BOJ to intervene last year. Japanese authorities have warned against selling the yen, saying they are closely watching moves with a sense of urgency. Speculation is rife that BOJ could further tweak its yield curve control policy next week amid rising global yields and inflation in Japan.See “Japanese Yen Forecast: Bank of Japan and Fed Decision to Shape USD/JPY’s Path,” published October 29.
Meanwhile, the Bank of England is widely expected to keep interest rates on hold when it meets next week as the central bank tries to help boost the ailing economy while at the same fightinginflation. For more details see “British Pound (GBP/USD) Weakens Further Ahead of BoE Decision,” published October 28.
Germany’s Q3 GDP and October inflation are due on Monday. Bank of Canada governor Macklem’s speech, Japan unemployment, China NBS Manufacturing PMI, BOJ decision, Euro area October inflation and Q3 GDP, and US consumer confidence are due Tuesday. New Zealand Q3 jobs data, US ISM Manufacturing, and ADP Employment data are due Wednesday. US Fed rate decision, Bank of Canada governor Macklem speech, Germany jobs data, and Bank of England rate decision are due Thursday. China Caixin PMI, Canada jobs data, US non-farm payroll, and ISM Services PMI data are due Friday.
Gold, Silver Forecast: Bullish Run Cools but Upside Potential Remains
Gold and silver have witnessed a week of relative calm despite continued potential for conflict escalation. Elevated US yields keep gold below $2000 for the time being.
Euro Weekly Forecast: EUR/USD, EUR/JPY Remain Vulnerable Following Lackluster ECB Meeting
EUR/USD technicals are hinting at a recovery but we do have a lot of high impact data ahead. EUR/JPY continues to struggle for direction on the threat of FX intervention by the BoJ. Will the week ahead provide any clarity?
Australian Dollar Forecast: The RBA is Ready to Rock but AUD May Still Struggle
The Australian Dollar remains hostage to the US Dollar as global macro factors outweigh the prospect of the RBA looking to stamp out pesky inflation. AUD/USD and AUD/JPY are in focus.
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— Article Body Written by Manish Jaradi, Strategist for DailyFX.com
— Individual Articles Composed by DailyFX Team Members
— Contact and follow Jaradi on Twitter: @JaradiManish
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_a;this.redirectedToLocation&&!this.followedRedirect&&null!=(_a=this.response)&&_a.redirected&&(this.adapter.visitProposedToLocation(this.redirectedToLocation,action:"replace",response:this.response,shouldCacheSnapshot:!1,willRender:!1),this.followedRedirect=!0)goToSamePageAnchor()this.isSamePage&&this.render(()=>__async$3(this,null,function*()this.cacheSnapshot(),this.performScroll(),this.changeHistory(),this.adapter.visitRendered(this)))prepareRequest(request)this.acceptsStreamResponse&&request.acceptResponseType(StreamMessage.contentType)requestStarted()this.startRequest()requestPreventedHandlingResponse(_request,_response)requestSucceededWithResponse(request,response)return __async$3(this,null,function*()var responseHTML=yield response.responseHTML,redirected,statusCode=response;null==responseHTML?this.recordResponse(statusCode:SystemStatusCode.contentTypeMismatch,redirected:redirected):(this.redirectedToLocation=response.redirected?response.location:void 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Date).getTime()getTimingMetrics()return Object.assign(,this.timingMetrics)getHistoryMethodForAction(action)switch(action)case"replace":return history.replaceState;case"advance":case"restore":return history.pushStatehasPreloadedResponse()return"object"==typeof this.responseshouldIssueRequest()return!this.isSamePage&&("restore"==this.action?!this.hasCachedSnapshot():this.willRender)cacheSnapshot()render(callback)return __async$3(this,null,function*()this.cancelRender(),yield new Promise(resolve=>this.frame=requestAnimationFrame(()=>resolve())),yield callback(),delete this.frame)cancelRender()this.frame&&(cancelAnimationFrame(this.frame),delete this.frame)function isSuccessful(statusCode)return 200<=statusCode&&statusCode<300class BrowserAdapter{constructor(session2)this.progressBar=new ProgressBar,this.showProgressBar=()=>this.progressBar.show(),this.session=session2visitProposedToLocation(location2,options)this.navigator.startVisit(location2,(null==options?void 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visit2.loadResponse()visitRequestFinished(_visit)this.progressBar.setValue(1),this.hideVisitProgressBar()visitCompleted(_visit)pageInvalidated(reason)this.reload(reason)visitFailed(_visit)visitRendered(_visit)formSubmissionStarted(_formSubmission)this.progressBar.setValue(0),this.showFormProgressBarAfterDelay()formSubmissionFinished(_formSubmission)this.progressBar.setValue(1),this.hideFormProgressBar()showVisitProgressBarAfterDelay()this.visitProgressBarTimeout=window.setTimeout(this.showProgressBar,this.session.progressBarDelay)hideVisitProgressBar()this.progressBar.hide(),null!=this.visitProgressBarTimeout&&(window.clearTimeout(this.visitProgressBarTimeout),delete this.visitProgressBarTimeout)showFormProgressBarAfterDelay()null==this.formProgressBarTimeout&&(this.formProgressBarTimeout=window.setTimeout(this.showProgressBar,this.session.progressBarDelay))hideFormProgressBar()this.progressBar.hide(),null!=this.formProgressBarTimeout&&(window.clearTimeout(this.formProgressBarTimeout),delete this.formProgressBarTimeout)reload(reason)get navigator()return this.session.navigator}class CacheObserverconstructor()this.selector="[data-turbo-temporary]",this.deprecatedSelector="[data-turbo-cache=false]",this.started=!1,this.removeTemporaryElements=_event=>for(const element of this.temporaryElements)element.remove()start()stop()this.started&&(this.started=!1,removeEventListener("turbo:before-cache",this.removeTemporaryElements,!1))get temporaryElements()return[...document.querySelectorAll(this.selector),...this.temporaryElementsWithDeprecation]get temporaryElementsWithDeprecation()var elements=document.querySelectorAll(this.deprecatedSelector);return elements.length&&console.warn(`The $this.deprecatedSelector selector is deprecated and will be removed in a future version. Use $this.selector instead.`),[...elements]class FrameRedirectorconstructor(session2,element)this.session=session2,this.element=element,this.linkInterceptor=new LinkInterceptor(this,element),this.formSubmitObserver=new FormSubmitObserver(this,element)start()this.linkInterceptor.start(),this.formSubmitObserver.start()stop()this.linkInterceptor.stop(),this.formSubmitObserver.stop()shouldInterceptLinkClick(element,_location,_event)return this.shouldRedirect(element)linkClickIntercepted(element,url,event)var frame=this.findFrameElement(element);frame&&frame.delegate.linkClickIntercepted(element,url,event)willSubmitForm(element,submitter)return null==element.closest("turbo-frame")&&this.shouldSubmit(element,submitter)&&this.shouldRedirect(element,submitter)formSubmitted(element,submitter)var frame=this.findFrameElement(element,submitter);frame&&frame.delegate.formSubmitted(element,submitter)shouldSubmit(form,submitter)var action=getAction(form,submitter),meta=this.element.ownerDocument.querySelector('meta[name="turbo-root"]'),meta=expandURL(null!=(meta=null==meta?void 0:meta.content)?meta:"/");return this.shouldRedirect(form,submitter)&&locationIsVisitable(action,meta)shouldRedirect(element,submitter)return!!(element instanceof HTMLFormElement?this.session.submissionIsNavigatable(element,submitter):this.session.elementIsNavigatable(element))&&(!!(submitter=this.findFrameElement(element,submitter))&&submitter!=element.closest("turbo-frame"))findFrameElement(element,submitter)submitter=(null==submitter?void 0:submitter.getAttribute("data-turbo-frame"))class Historyconstructor(delegate)this.restorationIdentifier=uuid(),this.restorationData=,this.started=!1,this.pageLoaded=!1,this.onPopState=event=>,this.onPageLoad=_event=>__async$3(this,null,function*()yield function nextMicrotask()return Promise.resolve()(),this.pageLoaded=!0),this.delegate=delegatestart()this.startedstop()this.started&&(removeEventListener("popstate",this.onPopState,!1),removeEventListener("load",this.onPageLoad,!1),this.started=!1)push(location2,restorationIdentifier)this.update(history.pushState,location2,restorationIdentifier)replace(location2,restorationIdentifier)this.update(history.replaceState,location2,restorationIdentifier)update(method,location2,restorationIdentifier=uuid())method.call(history,turbo:restorationIdentifier:restorationIdentifier,"",location2.href),this.location=location2,this.restorationIdentifier=restorationIdentifiergetRestorationDataForIdentifier(restorationIdentifier)updateRestorationData(additionalData)var restorationIdentifier=this["restorationIdentifier"],restorationData=this.restorationData[restorationIdentifier];this.restorationData[restorationIdentifier]=Object.assign(Object.assign(,restorationData),additionalData)assumeControlOfScrollRestoration()(this.previousScrollRestoration=null!=(_a=history.scrollRestoration)?_a:"auto",history.scrollRestoration="manual")relinquishControlOfScrollRestoration()this.previousScrollRestoration&&(history.scrollRestoration=this.previousScrollRestoration,delete this.previousScrollRestoration)shouldHandlePopState()return this.pageIsLoaded()pageIsLoaded()"complete"==document.readyStateclass Navigator{constructor(delegate)this.delegate=delegateproposeVisit(location2,options=)this.delegate.allowsVisitingLocationWithAction(location2,options.action)&&(locationIsVisitable(location2,this.view.snapshot.rootLocation)?this.delegate.visitProposedToLocation(location2,options):window.location.href=location2.toString())startVisit(locatable,restorationIdentifier,options=)this.stop(),this.currentVisit=new Visit(this,expandURL(locatable),restorationIdentifier,Object.assign(referrer:this.location,options)),this.currentVisit.start()submitForm(form,submitter)this.stop(),this.formSubmission=new FormSubmission(this,form,submitter,!0),this.formSubmission.start()stop()this.formSubmission&&(this.formSubmission.stop(),delete this.formSubmission),this.currentVisit&&(this.currentVisit.cancel(),delete this.currentVisit)get adapter()return this.delegate.adapterget view()return this.delegate.viewget history()return this.delegate.historyformSubmissionStarted(formSubmission)"function"==typeof this.adapter.formSubmissionStarted&&this.adapter.formSubmissionStarted(formSubmission)formSubmissionSucceededWithResponse(formSubmission,fetchResponse)return __async$3(this,null,function*()var responseHTML,shouldCacheSnapshot,statusCode,redirected,action;formSubmission==this.formSubmission&&(responseHTML=yield fetchResponse.responseHTML)&&(statusCode,redirected=((shouldCacheSnapshot=formSubmission.isSafe))formSubmissionFailedWithResponse(formSubmission,fetchResponse)return __async$3(this,null,function*()var responseHTML=yield fetchResponse.responseHTML;responseHTML&&(responseHTML=PageSnapshot.fromHTMLString(responseHTML),fetchResponse.serverError?yield this.view.renderError(responseHTML,this.currentVisit):yield this.view.renderPage(responseHTML,!1,!0,this.currentVisit),this.view.scrollToTop(),this.view.clearSnapshotCache()))formSubmissionErrored(formSubmission,error)console.error(error)formSubmissionFinished(formSubmission)"function"==typeof this.adapter.formSubmissionFinished&&this.adapter.formSubmissionFinished(formSubmission)visitStarted(visit2)this.delegate.visitStarted(visit2)visitCompleted(visit2)this.delegate.visitCompleted(visit2)locationWithActionIsSamePage(location2,action)visitScrolledToSamePageLocation(oldURL,newURL)this.delegate.visitScrolledToSamePageLocation(oldURL,newURL)get location()return this.history.locationget restorationIdentifier()return this.history.restorationIdentifiergetActionForFormSubmission(submitter,formElement)return getVisitAction(submitter,formElement)}(prototype=PageStage=PageStage||)[prototype.initial=0]="initial",prototype[prototype.loading=1]="loading",prototype[prototype.interactive=2]="interactive",prototype[prototype.complete=3]="complete";class PageObserverconstructor(delegate)this.stage=PageStage.initial,this.started=!1,this.interpretReadyState=()=>var readyState=this["readyState"];"interactive"==readyState?this.pageIsInteractive():"complete"==readyState&&this.pageIsComplete(),this.pageWillUnload=()=>this.delegate.pageWillUnload(),this.delegate=delegatestart()(this.stage==PageStage.initial&&(this.stage=PageStage.loading),document.addEventListener("readystatechange",this.interpretReadyState,!1),addEventListener("pagehide",this.pageWillUnload,!1),this.started=!0)stop()this.started&&(document.removeEventListener("readystatechange",this.interpretReadyState,!1),removeEventListener("pagehide",this.pageWillUnload,!1),this.started=!1)pageIsInteractive()this.stage==PageStage.loading&&(this.stage=PageStage.interactive,this.delegate.pageBecameInteractive())pageIsComplete()this.pageIsInteractive(),this.stage==PageStage.interactive&&(this.stage=PageStage.complete,this.delegate.pageLoaded())get readyState()return document.readyStateclass ScrollObserverconstructor(delegate)this.started=!1,this.onScroll=()=>this.updatePosition(x:window.pageXOffset,y:window.pageYOffset),this.delegate=delegatestart()stop()this.started&&(removeEventListener("scroll",this.onScroll,!1),this.started=!1)updatePosition(position)this.delegate.scrollPositionChanged(position)class StreamMessageRenderer{render(fragment)Bardo.preservingPermanentElements(this,function getPermanentElementMapForFragment(fragment)var permanentElementsInDocument=queryPermanentElementsAll(document.documentElement),permanentElementMap=;for(const permanentElementInDocument of permanentElementsInDocument)var id=permanentElementInDocument["id"];for(const streamElement of fragment.querySelectorAll("turbo-stream"))var elementInStream=getPermanentElementById(streamElement.templateElement.content,id);elementInStream&&(permanentElementMap[id]=[permanentElementInDocument,elementInStream])return permanentElementMap(fragment),()=>document.documentElement.appendChild(fragment))enteringBardo(currentPermanentElement,newPermanentElement)newPermanentElement.replaceWith(currentPermanentElement.cloneNode(!0))leavingBardo()}class StreamObserverconstructor(delegate)this.sources=new Set,this.started=!1,this.inspectFetchResponse=event=>var response=function fetchResponseFromEvent(event)event=null==(event=event.detail)?void 0:event.fetchResponse;if(event instanceof FetchResponse)return event(event);response&&function fetchResponseIsStream(response)response=null!=(response=response.contentType)?response:"";return response.startsWith(StreamMessage.contentType)(response)&&(event.preventDefault(),this.receiveMessageResponse(response)),this.receiveMessageEvent=event=>this.started&&"string"==typeof event.data&&this.receiveMessageHTML(event.data),this.delegate=delegatestart()this.startedstop()this.started&&(this.started=!1,removeEventListener("turbo:before-fetch-response",this.inspectFetchResponse,!1))connectStreamSource(source)disconnectStreamSource(source)this.streamSourceIsConnected(source)&&(this.sources.delete(source),source.removeEventListener("message",this.receiveMessageEvent,!1))streamSourceIsConnected(source)return this.sources.has(source)receiveMessageResponse(response)return __async$3(this,null,function*()var html=yield response.responseHTML;html&&this.receiveMessageHTML(html))receiveMessageHTML(html)this.delegate.receivedMessageFromStream(StreamMessage.wrap(html))class ErrorRenderer extends Rendererstatic renderElement(currentElement,newElement)vardocumentElement,body=document;documentElement.replaceChild(newElement,body)render()return __async$3(this,null,function*()this.replaceHeadAndBody(),this.activateScriptElements())replaceHeadAndBody()vardocumentElement,head=document;documentElement.replaceChild(this.newHead,head),this.renderElement(this.currentElement,this.newElement)activateScriptElements()for(const replaceableElement of this.scriptElements)var element,parentNode=replaceableElement.parentNode;parentNode&&(element=activateScriptElement(replaceableElement),parentNode.replaceChild(element,replaceableElement))get newHead()return this.newSnapshot.headSnapshot.elementget scriptElements()return document.documentElement.querySelectorAll("script")class PageRenderer extends Renderer{static renderElement(currentElement,newElement)document.body&&newElement instanceof HTMLBodyElement?document.body.replaceWith(newElement):document.documentElement.appendChild(newElement)get shouldRender()return this.newSnapshot.isVisitable&&this.trackedElementsAreIdenticalget reloadReason()return this.newSnapshot.isVisitable?this.trackedElementsAreIdentical?void 0:reason:"tracked_element_mismatch":reason:"turbo_visit_control_is_reload"prepareToRender()return __async$3(this,null,function*()yield this.mergeHead())render()return __async$3(this,null,function*()this.willRender&&(yield this.replaceBody()))finishRendering()super.finishRendering(),this.isPreviewget currentHeadSnapshot()return this.currentSnapshot.headSnapshotget newHeadSnapshot()return this.newSnapshot.headSnapshotget newElement()return this.newSnapshot.elementmergeHead()return __async$3(this,null,function*()var mergedHeadElements=this.mergeProvisionalElements(),newStylesheetElements=this.copyNewHeadStylesheetElements();this.copyNewHeadScriptElements(),yield mergedHeadElements,yield newStylesheetElements)replaceBody()return __async$3(this,null,function*()yield this.preservingPermanentElements(()=>__async$3(this,null,function*()this.activateNewBody(),yield this.assignNewBody())))get trackedElementsAreIdentical()return this.currentHeadSnapshot.trackedElementSignature==this.newHeadSnapshot.trackedElementSignaturecopyNewHeadStylesheetElements(){return __async$3(this,null,function*()var loadingElements=[];for(const element of this.newHeadStylesheetElements)loadingElements.push(function waitForLoad(element,timeoutInMilliseconds=2e3)return new Promise(resolve=>const onComplete=()=>element.removeEventListener("error",onComplete),element.removeEventListener("load",onComplete),resolve();element.addEventListener("load",onComplete,once:!0),element.addEventListener("error",onComplete,once:!0),setTimeout(resolve,timeoutInMilliseconds))(element)),document.head.appendChild(element);yield Promise.all(loadingElements))}copyNewHeadScriptElements()for(const element of this.newHeadScriptElements)document.head.appendChild(activateScriptElement(element))mergeProvisionalElements()return __async$3(this,null,function*()var newHeadElements=[...this.newHeadProvisionalElements];for(const element of this.currentHeadProvisionalElements)this.isCurrentElementInElementList(element,newHeadElements))isCurrentElementInElementList(element,elementList)for(var[index,newElement]of elementList.entries())if("TITLE"==element.tagName)if("TITLE"!=newElement.tagName)continue;if(element.innerHTML==newElement.innerHTML)return elementList.splice(index,1),!0if(newElement.isEqualNode(element))return elementList.splice(index,1),!0return!1removeCurrentHeadProvisionalElements()for(const element of this.currentHeadProvisionalElements)document.head.removeChild(element)copyNewHeadProvisionalElements()for(const element of this.newHeadProvisionalElements)document.head.appendChild(element)activateNewBody()document.adoptNode(this.newElement),this.activateNewBodyScriptElements()activateNewBodyScriptElements()for(const inertScriptElement of this.newBodyScriptElements)var activatedScriptElement=activateScriptElement(inertScriptElement);inertScriptElement.replaceWith(activatedScriptElement)assignNewBody()return __async$3(this,null,function*()yield this.renderElement(this.currentElement,this.newElement))get newHeadStylesheetElements()return this.newHeadSnapshot.getStylesheetElementsNotInSnapshot(this.currentHeadSnapshot)get newHeadScriptElements()return this.newHeadSnapshot.getScriptElementsNotInSnapshot(this.currentHeadSnapshot)get currentHeadProvisionalElements()return this.currentHeadSnapshot.provisionalElementsget newHeadProvisionalElements()return this.newHeadSnapshot.provisionalElementsget newBodyScriptElements()return this.newElement.querySelectorAll("script")}class SnapshotCacheconstructor(size)this.keys=[],this.snapshots=,this.size=sizehas(location2)return toCacheKey(location2)in this.snapshotsget(location2)var snapshot;if(this.has(location2))return snapshot=this.read(location2),this.touch(location2),snapshotput(location2,snapshot)return this.write(location2,snapshot),this.touch(location2),snapshotclear()this.snapshots=read(location2)return this.snapshots[toCacheKey(location2)]write(location2,snapshot)this.snapshots[toCacheKey(location2)]=snapshottouch(location2)var location2=toCacheKey(location2),index=this.keys.indexOf(location2);-1setTimeout(()=>resolve(),0))(),snapshot=snapshot.clone(),this.snapshotCache.put(location2,snapshot),snapshot)getCachedSnapshotForLocation(location2)return this.snapshotCache.get(location2)get snapshot()return PageSnapshot.fromElement(this.element)class Preloader{constructor(delegate)this.selector="a[data-turbo-preload]",this.delegate=delegateget snapshotCache()return this.delegate.navigator.view.snapshotCachestart()if("loading"===document.readyState)return document.addEventListener("DOMContentLoaded",()=>this.preloadOnLoadLinksForView(document.body));this.preloadOnLoadLinksForView(document.body)preloadOnLoadLinksForView(element)for(const link of element.querySelectorAll(this.selector))this.preloadURL(link)preloadURL(link){return __async$3(this,null,function*()var location2=new URL(link.href);if(!this.snapshotCache.has(location2))tryvar responseText=yield(yield fetch(location2.toString(),headers:"VND.PREFETCH":"true",Accept:"text/html")).text(),snapshot=PageSnapshot.fromHTMLString(responseText);this.snapshotCache.put(location2,snapshot)catch(_))}}function extendURLWithDeprecatedProperties(url)Object.defineProperties(url,deprecatedLocationPropertyDescriptors)const deprecatedLocationPropertyDescriptors=absoluteURL:get()return this.toString();const StreamActions=after()this.targetElements.forEach(e=>var _a;return null==(_a=e.parentElement)?void 0:_a.insertBefore(this.templateContent,e.nextSibling)),append()this.removeDuplicateTargetChildren(),this.targetElements.forEach(e=>e.append(this.templateContent)),before()this.targetElements.forEach(e=>var _a;return null==(_a=e.parentElement)?void 0:_a.insertBefore(this.templateContent,e)),prepend()this.removeDuplicateTargetChildren(),this.targetElements.forEach(e=>e.prepend(this.templateContent)),remove()this.targetElements.forEach(e=>e.remove()),replace()this.targetElements.forEach(e=>e.replaceWith(this.templateContent)),update()this.targetElements.forEach(targetElement=>targetElement.innerHTML="",targetElement.append(this.templateContent)),session=new class Sessionconstructor()this.navigator=new Navigator(this),this.history=new History(this),this.preloader=new Preloader(this),this.view=new PageView(this,document.documentElement),this.adapter=new BrowserAdapter(this),this.pageObserver=new PageObserver(this),this.cacheObserver=new CacheObserver,this.linkClickObserver=new LinkClickObserver(this,window),this.formSubmitObserver=new FormSubmitObserver(this,document),this.scrollObserver=new ScrollObserver(this),this.streamObserver=new StreamObserver(this),this.formLinkClickObserver=new FormLinkClickObserver(this,document.documentElement),this.frameRedirector=new FrameRedirector(this,document.documentElement),this.streamMessageRenderer=new StreamMessageRenderer,this.drive=!0,this.enabled=!0,this.progressBarDelay=500,this.started=!1,this.formMode="on"start()this.starteddisable()this.enabled=!1stop()this.started&&(this.pageObserver.stop(),this.cacheObserver.stop(),this.formLinkClickObserver.stop(),this.linkClickObserver.stop(),this.formSubmitObserver.stop(),this.scrollObserver.stop(),this.streamObserver.stop(),this.frameRedirector.stop(),this.history.stop(),this.started=!1)registerAdapter(adapter)this.adapter=adaptervisit(location2,options=)var frameElement=options.frame?document.getElementById(options.frame):null;frameElement instanceof FrameElement?(frameElement.src=location2.toString(),frameElement.loaded):this.navigator.proposeVisit(expandURL(location2),options)connectStreamSource(source)this.streamObserver.connectStreamSource(source)disconnectStreamSource(source)this.streamObserver.disconnectStreamSource(source)renderStreamMessage(message)this.streamMessageRenderer.render(StreamMessage.wrap(message))clearCache()this.view.clearSnapshotCache()setProgressBarDelay(delay)this.progressBarDelay=delaysetFormMode(mode)this.formMode=modeget location()return this.history.locationget restorationIdentifier()return this.history.restorationIdentifierhistoryPoppedToLocationWithRestorationIdentifier(location2,restorationIdentifier)this.enabled?this.navigator.startVisit(location2,restorationIdentifier,action:"restore",historyChanged:!0):this.adapter.pageInvalidated(reason:"turbo_disabled")scrollPositionChanged(position)this.history.updateRestorationData(scrollPosition:position)willSubmitFormLinkToLocation(link,location2)return this.elementIsNavigatable(link)&&locationIsVisitable(location2,this.snapshot.rootLocation)submittedFormLinkToLocation()willFollowLinkToLocation(link,location2,event)return this.elementIsNavigatable(link)&&locationIsVisitable(location2,this.snapshot.rootLocation)&&this.applicationAllowsFollowingLinkToLocation(link,location2,event)followedLinkToLocation(link,location2)var action=this.getActionForLink(link),link=link.hasAttribute("data-turbo-stream");this.visit(location2.href,action:action,acceptsStreamResponse:link)allowsVisitingLocationWithAction(location2,action)this.applicationAllowsVisitingLocation(location2)visitProposedToLocation(location2,options)extendURLWithDeprecatedProperties(location2),this.adapter.visitProposedToLocation(location2,options)visitStarted(visit2)visitCompleted(visit2)clearBusyState(document.documentElement),this.notifyApplicationAfterPageLoad(visit2.getTimingMetrics())locationWithActionIsSamePage(location2,action)return this.navigator.locationWithActionIsSamePage(location2,action)visitScrolledToSamePageLocation(oldURL,newURL)this.notifyApplicationAfterVisitingSamePageLocation(oldURL,newURL)willSubmitForm(form,submitter)var action=getAction(form,submitter);return this.submissionIsNavigatable(form,submitter)&&locationIsVisitable(expandURL(action),this.snapshot.rootLocation)formSubmitted(form,submitter)this.navigator.submitForm(form,submitter)pageBecameInteractive()this.view.lastRenderedLocation=this.location,this.notifyApplicationAfterPageLoad()pageLoaded()this.history.assumeControlOfScrollRestoration()pageWillUnload()this.history.relinquishControlOfScrollRestoration()receivedMessageFromStream(message)this.renderStreamMessage(message)viewWillCacheSnapshot()var _a;null!=(_a=this.navigator.currentVisit)&&_a.silentallowsImmediateRender(element,options)vardefaultPrevented:element,detail:render:options=this.notifyApplicationBeforeRender(element,options);return this.view.renderer&&options&&(this.view.renderer.renderElement=options),!elementviewRenderedSnapshot(_snapshot,_isPreview)this.view.lastRenderedLocation=this.history.location,this.notifyApplicationAfterRender()preloadOnLoadLinksForView(element)this.preloader.preloadOnLoadLinksForView(element)viewInvalidated(reason)this.adapter.pageInvalidated(reason)frameLoaded(frame)this.notifyApplicationAfterFrameLoad(frame)frameRendered(fetchResponse,frame)this.notifyApplicationAfterFrameRender(fetchResponse,frame)applicationAllowsFollowingLinkToLocation(link,location2,ev)return!this.notifyApplicationAfterClickingLinkToLocation(link,location2,ev).defaultPreventedapplicationAllowsVisitingLocation(location2)return!this.notifyApplicationBeforeVisitingLocation(location2).defaultPreventednotifyApplicationAfterClickingLinkToLocation(link,location2,event)return dispatch("turbo:click",target:link,detail:url:location2.href,originalEvent:event,cancelable:!0)notifyApplicationBeforeVisitingLocation(location2)return dispatch("turbo:before-visit",detail:url:location2.href,cancelable:!0)notifyApplicationAfterVisitingLocation(location2,action)return dispatch("turbo:visit",detail:url:location2.href,action:action)notifyApplicationBeforeCachingSnapshot()return dispatch("turbo:before-cache")notifyApplicationBeforeRender(newBody,options)return dispatch("turbo:before-render",detail:Object.assign(newBody:newBody,options),cancelable:!0)notifyApplicationAfterRender()return dispatch("turbo:render")notifyApplicationAfterPageLoad(timing=)return dispatch("turbo:load",detail:url:this.location.href,timing:timing)notifyApplicationAfterVisitingSamePageLocation(oldURL,newURL)dispatchEvent(new HashChangeEvent("hashchange",oldURL:oldURL.toString(),newURL:newURL.toString()))notifyApplicationAfterFrameLoad(frame)return dispatch("turbo:frame-load",target:frame)notifyApplicationAfterFrameRender(fetchResponse,frame)return dispatch("turbo:frame-render",detail:fetchResponse:fetchResponse,target:frame,cancelable:!0)submissionIsNavigatable(form,submitter)elementIsNavigatable(element)"false"!=container.getAttribute("data-turbo"):!!container&&"true"==container.getAttribute("data-turbo")getActionForLink(link)return getVisitAction(link)get snapshot()return this.view.snapshot;var prototype=new class Cacheconstructor(session2)this.session=session2clear()this.session.clearCache()resetCacheControl()this.setCacheControl("")exemptPageFromCache()this.setCacheControl("no-cache")exemptPageFromPreview()this.setCacheControl("no-preview")setCacheControl(value)!function setMetaContent(name,content)("turbo-cache-control",value)(session),navigator$1=session["navigator"];function start()session.start()function registerAdapter(adapter)session.registerAdapter(adapter)function visit(location2,options)session.visit(location2,options)function connectStreamSource(source)session.connectStreamSource(source)function disconnectStreamSource(source)session.disconnectStreamSource(source)function renderStreamMessage(message)session.renderStreamMessage(message)function clearCache()console.warn("Please replace `Turbo.clearCache()` with `Turbo.cache.clear()`. The top-level function is deprecated and will be removed in a future version of Turbo.`"),session.clearCache()function setProgressBarDelay(delay)session.setProgressBarDelay(delay)function setConfirmMethod(confirmMethod)FormSubmission.confirmMethod=confirmMethodfunction setFormMode(mode)session.setFormMode(mode)var Turbo=Object.freeze(__proto__:null,navigator:navigator$1,session:session,cache:prototype,PageRenderer:PageRenderer,PageSnapshot:PageSnapshot,FrameRenderer:FrameRenderer,start:start,registerAdapter:registerAdapter,visit:visit,connectStreamSource:connectStreamSource,disconnectStreamSource:disconnectStreamSource,renderStreamMessage:renderStreamMessage,clearCache:clearCache,setProgressBarDelay:setProgressBarDelay,setConfirmMethod:setConfirmMethod,setFormMode:setFormMode,StreamActions:StreamActions);class TurboFrameMissingError extends Errorfunction getFrameElementById(id)if(null!=id)id=document.getElementById(id);if(id instanceof FrameElement)return idfunction activateElement(element,currentURL)if(element)var src=element.getAttribute("src");if(null!=src&&null!=currentURL&&function urlsAreEqual(left,right)return expandURL(left).href==expandURL(right).href(src,currentURL))throw new Error(`Matching element has a source URL which references itself`);if((element=element.ownerDocument!==document?document.importNode(element,!0):element)instanceof FrameElement)return element.connectedCallback(),element.disconnectedCallback(),elementclass StreamElement extends HTMLElementstatic renderElement(newElement)return __async$3(this,null,function*()yield newElement.performAction())connectedCallback()return __async$3(this,null,function*()tryyield this.render()catch(error)console.error(error)finallythis.disconnect())render()return __async$3(this,null,function*()var _a;return null!=(_a=this.renderPromise)?_a:this.renderPromise=__async$3(this,null,function*()var event=this.beforeRenderEvent;this.dispatchEvent(event)&&(yield nextAnimationFrame(),yield event.detail.render(this))))disconnect()trythis.remove()catch(_a)removeDuplicateTargetChildren()this.duplicateChildren.forEach(c=>c.remove())get duplicateChildren()[]].filter(c=>!!c.id).map(c=>c.id);return existingChildren.filter(c=>newChildrenIds.includes(c.id))get performAction()if(this.action)var actionFunction=StreamActions[this.action];if(actionFunction)return actionFunction;this.raise("unknown action")this.raise("action attribute is missing")get targetElements()return this.target?this.targetElementsById:this.targets?this.targetElementsByQuery:void this.raise("target or targets attribute is missing")get templateContent()return this.templateElement.content.cloneNode(!0)get templateElement()var template;return null===this.firstElementChild?(template=this.ownerDocument.createElement("template"),this.appendChild(template),template):this.firstElementChild instanceof HTMLTemplateElement?this.firstElementChild:void this.raise("first child element must be a
