Stock markets and other risk-related instruments rebounded dynamically after unofficial news from WSJ, whose informant, Nikc Timaraos, informed about possible pivot in FED policy and reduction of the scale of hikes to 50 bp at the December FOMC meeting. An additional bullish factor was the information regarding the first conversation between Russia and the US on Ukraine for a long time.
Source: xStation5
Daily Summary – Wall Street Rises Ahead of “Magnificent Seven” Earnings
US OPEN: Quarterly Earnings Support U.S. Stock Gains
DE40: DAX near 1-week high 📈Deutsche Borse lags, SUSS MicroTec slides 23%
BREAKING: US housing market data stronger than expected 🗽US100 gains