- Eurostoxx +0.47%
- Germany DAX +0.97%
- France CAC 40 +0.03%
- UK FTSE +0.25%
- Spain IBEX +0.83%
The risk sentiment improved following the strong Nvidia Q3 earnings here. The attention will now switch to the US data with the December cut probabilities now down to roughly 30% following the BLS announcement that the November NFP will be released after the December FOMC meeting.
Today we have the September NFP report and the US Jobless Claims. The market will want to see soft figures to increase the probabilities for a December cut and keep the positive risk sentiment going.
This article was written by Giuseppe Dellamotta at investinglive.com.