Short Market Wrap — Friday
Global equities struggled for clear direction today, with European stocks ending the session mixed and US futures hovering slightly lower. Investors remain cautious ahead of next week’s key Fed policy meeting, expecting policymakers to hold rates steady but watchful for any shift in guidance.
On the data front, US non-farm payrolls came in softer than expected, adding uncertainty to the labour market outlook. Meanwhile, China’s trade figures continued to point towards modest growth, dampening enthusiasm in Asian markets.
Oil prices edged higher as supply constraints raised the possibility of tighter global markets heading into late Q4, while bitcoin stayed near a steady range, showing resilience despite recent volatility.
Overall mood: Cautiously mixed 📉📈
Stay tuned for next week’s central bank signals 💹
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