Global markets are bracing for their roughest week in seven months as investors retreat from riskier assets amid concerns over lofty valuations and uncertainty surrounding the payoff of massive AI investments.

The composite PMI remained broadly unchanged in November (52.4 compared to 52.5 in October), which is well above the neutral level of 50.

Market participants increased expectations that the Federal Reserve may maintain a hawkish stance on rates.

Circular deals, private debt, weakened balance sheets, and other trends in AI financing.

The euro slipped against the US dollar but found support near 1.15. Short-term rallies face resistance from the 50-day EMA and a downtrend line, while broader pressure favors the dollar.

Market fears of a dramatic yen-driven crisis are overstated—the real issue is a global dollar liquidity crunch, not a Japanese bond or sovereign crisis.

Growing evidence shows Trump-era tariffs are raising consumer prices, highlighted by the administration’s move to exempt hundreds of food products to ease costs.

The Pound Sterling faces selling pressure amid UK Retail Sales declining 1.1% and S&P Global PMI dropping sharply.

After Home Depot disappointed and Target got slammed, Walmart reported results that were above expectations because in this economic climate, the Target and Home Depot’s losses are Walmart’s gains.

The odds of a Fed Funds rate cut at the December FOMC meeting are down to 33%.

Indian share markets are trading marginally lower today, with the Sensex trading 69 points lower, and the Nifty is trading 32 points lower.

Markets started Thursday on a positive note thanks to Nvidia’s strong earnings, with a generally constructive tone in FX and rates, but sentiment quickly soured after Fed officials highlighted renewed inflation concerns.

WTI continues to move sideways after a lengthy consolidation, as prices look to test the bottom of the channel again.

EUR/USD seems to have survived what could have been a tricky week.

In this video, Ira Epstein discusses a tumultuous day in the financial markets on November 20, 2025, highlighting significant movements in stocks, cryptocurrencies, and commodities.

Despite posting blockbuster Q3 results yesterday evening, the post-earnings rally in Nvidia stock faded in Thursday’s trading session from a +5% spike to a 3% dip and below its 50-day moving average of $184 a share.

USD/CAD edges lower after two days of gains, trading around 1.4090 during the early European hours on Friday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern.

​​​​​​​The Japanese yen continued its freefall after Japan approved a bigger-than-expected stimulus and after a report showed that inflation remained stubbornly high in October.

Volatility is back, and it's keeping investors on their toes. Dividend stocks are usually a good place to start. Let’s go over the highest-yielding dividend stock from my recent screening process, Energy Transfer

Silver price (XAG/USD) revisits the weekly low around $49.50 during the European trading session on Friday.