Forex

On Friday, November 11th U.S. stock markets closed higher, spurred by tech giants amid easing Treasury yields, with investor focus on next week's inflation and economic updates. In economic data, the University of Michigan's consumer sentiment fell to a six-month low of 60.4 in November from 63.8 in October, below market expectations of 63.7.

On Thursday, November 10th, the U.S. stock markets closed lower amid rising Treasury yields following a lackluster 30-year bond auction and remarks from Federal Reserve Chair Jerome Powell.

On Wednesday, November 9th, the U.S. stock markets closed mixed after the Dow Jones Industrial Average ended its seven-day winning streak. In economic data, U.S. wholesale inventories experienced a 0.2% uptick in September month-to-month, marking an improvement from the 0.1% decrease seen in the preceding month.

On Monday, November 6th, the U.S. stock markets closed in Green as investors awaited Federal Reserve policy updates and prepared for new bond offerings. The Dow and S&P 500 extend their winning streak to six days, while the Nasdaq gains for the seventh consecutive session.

On Friday, November 3rd, the U.S. stock markets closed higher on falling bond yields amid slowing job growth and rising unemployment, signaling a potential pause in the Fed's rate hikes. In economic data, U.S. job growth slowed with 150,000 new positions in October, falling short of the expected 180,000, while unemployment edged up to 3.9% and wage growth modestly increased.

On Thursday, November 2nd, U.S. stock markets closed higher amid optimism that the Fed's rate hikes have peaked and positive quarterly reports boosted sentiment. U.S. weekly jobless claims rose slightly to 217,000, exceeding predictions of 210,000, while nonfarm business labor costs dropped by 0.8% in Q3 after a 3.2% previous quarter increase.

On Wednesday, November 1st, U.S. stock markets closed higher after interest rates were left unchanged for a second consecutive time. Investor optimism surged as U.S. Federal Reserve officials suggested that interest rate hikes might be over, even though rates remained steady and the door was left open for potential increases in the future.