Thursday brought a brighter backdrop across major assets as December Fed rate-cut expectations firmed and tech names stayed in focus.
US consumer sentiment deteriorated sharply in November, recording one of the steepest monthly declines since 2021. The Conference Board’s headline index fell to 88.7 from 95 in October, well below expectations and marking its weakest level since April. The reading also slipped beneath sentiment levels observed during the height of inflation in mid-2022, signalling growing caution among households.
Wednesday’s session opened with a more constructive tone as shifting policy expectations and improving diplomatic signals shaped price action across key assets.
US Consumer Confidence Falls to Four-Year Low in November
