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US stocks are set for a quiet open as investors look cautiously ahead to an appearance by Federal Reserve Chair Jerome Powell later today. His comments will come as the Fed's preferred measure of inflation cooled to 3.5% YoY in October and as the market wraps up a month of impressive gains. Optimism that the Fed could start to cut rates next year lifted the Nasdaq 100 11% this month, its best monthly gain since mid-2022.

EUR/USD struggles below 1.09 ahead of manufacturing data & Fed Chair Powell’s speech. Oil falls after OPEC+ underwhelmed.

Stocks are set to end November on a strong footing after US core PCE, the Federal Reserve's preferred inflation gauge cooled inline with forecasts. Core PCE eased to 3.5% YoY from 3.7%, supporting the view that the Federal Reserve has finished hiking interest rates. Attention now turns to NY Fed President Williams for his comments ahead of Fed Chair Powell speech tomorrow.

DAX extends gains ahead of EZ and US inflation data. Oil holds steady with the OPEC+ meeting and China data in focus.

US stocks are rising in risk on trade after comments from Federal Reserve officials raised expectations that the Fed was done hiking interest rates and is looking at when to start cutting rates. The market is now pricing in a 40% probability of a 25 basis point hike in March. Attention is shifting to tomorrow's inflation data for further clues over the path for rates.

The two largest US oil and gas companies both announced major acquisitions that will increase production while lowering taxable revenue in the near future. Learn more in our rundown of Chevron and Exxon here.

Stocks are pointing to a subdued start as investors look ahead cautiously to Thursday's inflation data. Today consumer confidence figures are expected to show a slight deterioration in morale, Several Fed officials will speak across the day and could provide clues about the Fed's future path for interest rates. Retailers are in focus after Americans spent around $12 billion online on Cyber Monday.

US stocks are set for a mixed open, with the S&P 500 hovering around a 3-month high after four straight weeks of gains. Optimism that the Fed has finished hiking interest rates has boosted demand for stocks. This week's US inflation data could provide further clues over the Fed's future path for rates. Today e-commerce companies will be in focus amid high expectations for strong Cyber Monday shopping.

US stocks are heading higher after a mildly lower close yesterday. Investors digest the latest Nvidia results, along with falling jobless claims and durable goods orders. The Fed meeting minutes saw policymakers reiterate that rates should remain high for longer. Still the market is convinced that the next move by the Fed will be a rate cut. Nvidia beat forecasts on top and bottom line.

Both WTI and Brent crude oil could rally further from here after breaking out of their bearish channels...

US stocks inch higher, consolidating after a strong rally across November. Expectations that the Fed is done hiking rates has boosted demand for equities. Investors are in wait and see mode ahead of the FOMC minutes tomorrow and Nvidia's earnings. Microsoft is in focus after hiring Sam Altman the ex-CEO of open AI who was ousted by the board on Friday.

EUR/USD bears continued to trim shorts while large speculators added to longs. Whilst this might not be a bullish bet on the strength of Europe, it may well be a bet against the US dollar. And with the 2-year note holding above key support and shorts being trimmed, it hints at lower yields and a weaker US dollar.

The Dow Jones is heading for a modestly positive open, but is set to book strong gains across the week. Cooling inflation, lower treasury yields and bets that the Federal Reserve has finished hiking interest rates has helped to boost the DJIA by 1.9% this week, while the USD is on track for a steep weekly decline. Oil is also steadying after steep losses in the previous session on ample supply and demand outlook concerns.

US stocks are holding after a run higher this week. US jobless claims came in above forecasts, supporting the view that the US labour market is cooling, amid a slightly slowing economy after the Fed's aggressive rate hiking cycle. The market is convinced that the Fed is done hiking rates and the next move will be a cut. Several Fed officials are due to speak later. Earning from Walmart, Macy's and Cisco are in focus.

EUR/USD falls ahead of ECB President Lagarde's speech & US jobless claims. Oil falls for a third straight day after inventories rise.

US stocks are heading higher, extending gains from yesterday after PPI and retail sales data. PPI fell -0.5% MoM down from 0.4%, boding well for CPI to cool further. Meanwhile, retail sales fell less than expected. The data supports the view that inflation is cooling and the US economy could avoid a recession, lifting sentiment and stocks higher. Attention now turns to a high-stakes meeting between US President Biden & China's Xi Jinping.

US stocks are set to rise strongly on the open after US inflation cooled by more than expected, fueling bets that the Federal Reserve is done hiking interest rates. US CPI eased to 3.2%YoY from 3.7% in September. Core inflation also cooled. The data comes after the Fed left interest rates on hold in the November meeting but raise questions last week over whether another hike was needed.