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October inflation rose as expected, according to the Bureau of Labor Statistics, with core consumer prices also aligning with forecasts.
Gold prices hit a two-week high, fueled by rising geopolitical tensions, PBOC buying, and expectations of a third Fed rate cut.
China stocks surged on rate cuts and consumption boosts, while global stocks remained cautious ahead of US inflation data.
The Nasdaq 100 and S&P 500 hit record highs, fueled by upbeat outlooks and US jobs data raising expectations of a Fed rate cut.
US job growth slowed in October due to hurricanes and strikes, but the unemployment rate held steady at 4.1%, indicating a stable labor market.
Oil prices fell in early Asian trading, as weak demand outweighed OPEC+'s supply delay and extended output cuts until 2026.
Gold held steady Thursday as US payrolls rose moderately and investors reacted to comments from Fed Chair Jerome Powell.
ADP reported private job creation hit a year-high in October, despite storms in the Southeast and major labor disruptions.
The DAX 40 reached a new high on Tuesday, driven by strong performances in technology, financial, and industrial sectors, despite multiple headwinds.
Japan's inflation tops 2%, the yen rises, and Ishiba pushes wage hikes. Switzerland faces tariff risks, threatening economic growth.
The dollar rose on Tuesday as political turmoil in France weakened the euro, which was the weakest G10 currency last month.
The Canadian dollar fell after three months of decline, as slowing growth and 2% inflation weakened it against the strong USD.
The Aussie was flat against the Kiwi on Friday as the inflation gap narrowed, with Trump's tariff threats weighing on commodity currencies.
Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.
