The minutes from the Federal Reserve's meeting suggest that there may be a series of gradual interest rate cuts next year, with a quarter-point reduction each quarter. It is also possible that there will be a rate cut in December, which aligns with the expected decrease in inflation rates.

The US trade representative nominee, Greer, has expressed support for increased consumer taxes, but it is uncertain how much influence he will have in the new administration. There are concerns about potential increases in US gasoline prices due to President-elect Trump's trade tax proposals. The auto industry has observed frequent movement of vehicles between Mexico and the US during manufacturing, and US tech companies are stockpiling components in anticipation of new tax liabilities.

The US is preparing for the Black Friday shopping event, and there will be a significant data release today, including revised third-quarter GDP figures. However, these figures are not likely to have an impact on market movements. Key indicators to watch include October consumer spending and price data, which have shown a consistent increase in inflation-adjusted spending since the end of the pandemic, with a recent focus on services. German consumer confidence is not expected to attract investor attention, despite remarks from ECB Chief Economist Lane, who has been frequently addressing the market.