Market Developments - CME Group markets have resumed trading after a technical outage, with U.S. gold futures up 0.3% at $4,215.3/oz and WTI futures opening at $58.90, up 0.43% from the previous close [3][7] - The German Bundestag has approved a 2026 federal budget that includes €98 billion in net new borrowing, raising total net debt to nearly €182 billion, a level not seen since the COVID-19 pandemic [4][7] - Canada's economy grew by an annualized 2.6% in Q3, significantly exceeding the 0.5% forecast and reversing a previous contraction of -1.6% [5][7] Consumer Spending Trends - Adobe Inc. forecasts record online spending for the holiday season, predicting $11.7 billion for Black Friday (an 8.3% increase year-over-year) and $14.2 billion for Cyber Monday (a 6.3% increase) [6][7]
Global Markets Navigate CME Resumption, German Budget, and Strong Canadian GDP