Markets Poised to Resume Trading After Holiday; Ceasefire in Gaza Extends as Commodities Watch for Impact
• Equity markets poised to return to normal trading after Thanksgiving holiday, while low VIX signals risk-on sentiment
• Israel & Hamas agree to extended ceasefire in Gaza, impact on oil and gold prices being monitored
• Gold tops $2,000 again as weakened US dollar provides support
• Market eyes US Core PCE data for signals on Fed policy outlook and dollar trends
• Oil prices see first weekly gain in a month ahead of delayed OPEC+ meeting to discuss output levels