Major global markets began the week with a mixed yet data-focused tone as participants positioned for a packed macro calendar and shifting policy expectations across major economies.

Signals from Washington and the Fed set the tone heading into the end of the week, with several officials striking a softer stance that keeps the possibility of a December rate cut firmly in play.

Thursday brought a brighter backdrop across major assets as December Fed rate-cut expectations firmed and tech names stayed in focus.

Wednesday’s session opened with a more constructive tone as shifting policy expectations and improving diplomatic signals shaped price action across key assets.

The week’s momentum picked up on Tuesday as several major asset classes pushed higher with a softer policy outlook, and renewed strength in technology shares.

The week began with contrasting moves across asset classes as policy expectations and diplomatic developments pulled different corners of the financial world in different directions.

Brent crude extended its slide below 63 dollars, pressured by fresh talk of possible negotiations involving Ukraine, the US, and Russia.

Global markets moved with a softer tone as mixed risk sentiment shaped price action across major asset classes.