Monday Morning Must-Knows - November 25, 2024

Monday Morning Must-Knows by Trading Academy

November 25, 2024

How Will Markets React to Holiday Calm?

Markets never cease to surprise! After last week's stellar gains across the S&P, NASDAQ, Russell, gold, dollar index, and crude oil, this week looks set for new twists. The 10-year yield was the sole decliner, benefiting broader markets. However, this holiday week brings unique dynamics: U.S. markets close Thursday and offer a half day Friday, with a sparse earnings calendar featuring Zoom, Dell, Best Buy, and more early in the week.

Internationally, the New Zealand dollar could see volatility as the RBNZ announces a likely aggressive rate cut on Tuesday at 8 PM ET. Back in the U.S., inflation data on Wednesday at 10 AM ET will draw attention. Expected at .3%, it highlights the Fed's ongoing struggle to meet its 2% target, potentially impacting future rate decisions.

Lastly, enjoy Thanksgiving! Markets will pause Thursday, and Friday's half day typically sees low liquidity. Recharge, and return ready for action next week!

As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!