Fed officials, including Kashkari and Musalem, signaled a preference to pause at the December meeting, pushing rate-cut expectations down to about 52% from 94% a month ago. With official data still patchy, markets now look to FOMC minutes on November 19 for clearer guidance.

EUR/USD steadied above 1.16 on improved risk appetite after the reopening, while gold held above $4,050 ahead of a heavy U.S. data slate. Brent remains rangebound as Russian supply resumes, and Bitcoin slipped below $95,000 amid weaker risk sentiment.

The EU opened a formal probe into Google under the DMA, global AI stocks faced their first major pullback, and Michael Burry warned of a $176 billion infrastructure-profit gap in Big Tech’s AI race. BOJ minutes hinted at a possible December move, while U.S.–China paused shipping-related disputes.

Looking ahead, markets focus on a busy week of delayed U.S. data, Nvidia earnings, and flash PMIs across the U.S., the Eurozone, and the UK, alongside key releases from Japan, India, Australia, and other Asia-Pacific economies.