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Market Muted While Celebrating Thanksgiving
Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY) and gold prices throughout the festive season. Concurrently, the trajectory of oil prices remains uncertain, as the rescheduled OPEC+ meeting casts a shadow on decisions related to production cuts, introducing an element of ambiguity in the oil market. Meanwhile, Japan’s latest core Consumer Price Index (CPI) reading exceeded the previous figure but fell short of the forecasted number. Despite this, the Japanese Yen exhibits a relatively flat performance against its currency ... (full story)