DEC 01. Consolidation day for the first trading day in December, 2022.
Mr. Powell’s speech and China’s possible easing on COVID protocol supply the energy to the global market today. It was the first trading day for the last month of the year 2022.
US’s Oct PCE index was lower than expected, annually 6.0%. It was 6.3% for Sep. Those inflation indicator numbers are coming down actually.