Chris Becker

With Wall Street closed for Thanksgiving there wasn’t much of a boost for risk markets across the trading complex, with most stock indices finishing where they started and currencies holding on to their recent gains against the USD.

Asian equity markets are generally up with the lack of a lead tonight as Wall Street will be closed for thanksgiving (thanking the AI bubble that is stuffing the stock market turkey that it is).

Again the lack of bad news and the Thanksgiving cheer gave Wall Street another boost which should translate into steady returns on Asian equity markets in today’s session.

A cracking CPI print has sent the Australian dollar soaring against USD while Asian equity markets have lifted strongly across the region.

Overnight solid earnings on tech stocks sent Wall Street higher even though NVIDIA is off somewhat with additional US economic data (or lack thereof due to the Trump regime hiding the bad news) reinforcing the notion that the December rate cut from the Fed is firming, giving a general boost to risk markets.

Asian equity markets are mixed in today’s session as Japanese markets return with all eyes on talks between China, Japan and USA in recent days but the newsflow and outcome has been vague at best.

A big surge in tech stocks led Wall Street higher with more Fedspeak that the December rate cut is firming, giving a general boost to risk markets.

Asian equity markets are fairly buoyant today but Japanese markets are closed while the risk complex ponders the next stage of the Ruzzian/Ukrainian peace “talks” amid a shortened trading week due to US Thanksgiving.

Wall Street rebounded again on Friday night on renewed hope that the December rate cut maybe in play all due to the comments of Fed NY Chair Williams.

Not quite a bath of blood on Asian equity markets today but it has been a pretty broad selloff in response to the volatility on Wall Street overnight.