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Black Friday sales and month end

Important news for the day

Fri, 28th, 14:30 CET CA Gross domestic product.

Retail Sales

The rise in prices globally might cause the Christmas season to remain volatile. While the retail sector is expecting the sales season before Christmas to be positive, analysts rather shake their heads in the current market environment. Less spending due to the rise in prices might harm the economic momentum and hence cause negative sentiment in first quarter of 2026. Sales data in Europe have been weakening in recent months and the Black Friday and Cyber Monday figures will hence be eyed with caution. The data will give traders insights into consumer confidence, retail momentum and the spending behaviour.

Market talk

During the last trading day traders should be careful with their positioning. While traders close their books during the last trading days at the month, positions might be closed. Volatile markets might retrace again since momentum had been high in recent days. Especially assets like Silver and the retracements in equities might continue with bigger swings. The Dollar has started to resume some positive momentum after recent losses, which helped Silver and Gold prices moving higher. Oil prices, on the other hand, remain negative but continue to trade on top of the important support zone at USD 57.15. Dollar weakness might help to push prices higher in the short- term. In the crypto market only XRP looks set to strengthen slightly. Other tokens remain rather weak and trading in a sideways pattern.

Tendencies in the markets

  • Equities positive, USD stronger, crypto positive, oil positive, Silver strong, Gold positive.

Author

Frank Walbaum

Frank Walbaum

FX Strategies.Asia

Frank has been working in the TV business for several years. Acquiring his skills in Germany’s biggest broadcasting station, he then chose to work and live in Asia, which was in 2007.

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