European Markets Walk a Tightrope on Thanksgiving Day as Investors Eye Fed Rate Cuts
- Why Did European Markets Move Like a Sleepy Sloth on Thanksgiving?
- Is the Fed Really Cutting Rates in December? Bet Your Bottom Dollar
- ECB vs. Fed: The Central Bank Tug-of-War
- Gold’s Glittering Future: $5,000/Oz by 2026?
- Stock Spotlight: Trigano and Rémy’s Liquor-Laced Rally
- Puma Pounce? Chinese Giant Anta Eyes German Sportswear Icon
- FAQ: Your Thanksgiving Trading Leftovers
As Wall Street took a breather for Thanksgiving, European markets played a delicate balancing act—closing nearly flat amid whispers of impending Fed rate cuts. The CAC 40 flirted with 8,100 points (up 0.04%) while Gold prices eyed a staggering $5,000/oz by 2026. Here’s how the financial circus unfolded, complete with liquor-soaked stocks and potential Puma buyout drama.
Why Did European Markets Move Like a Sleepy Sloth on Thanksgiving?
With U.S. markets closed and turkey aromas wafting through trading desks, European indices barely budged. The Euro Stoxx 50 dipped a microscopic 0.02% to 5,654.26—basically the financial equivalent of hitting the snooze button. "It’s like watching paint dry, but with more spreadsheets," quipped a BTCC analyst, noting thin liquidity as stateside traders swapped charts for cranberry sauce.
Is the Fed Really Cutting Rates in December? Bet Your Bottom Dollar
CME’s FedWatch tool now prices an 84% chance of a 0.25% rate cut on December 10—up from
ECB vs. Fed: The Central Bank Tug-of-War
While the Fed flirts with easing, the ECB doubled down on its hawkish stance. Minutes revealed policymakers believe "the rate-cutting cycle is done"—unless new risks emerge. October’s decision held rates steady, with inflation hovering NEAR their 2% target. "The ECB’s playing hard to get while the Fed’s practically writing love letters to the markets," joked a Frankfurt-based trader.
Gold’s Glittering Future: $5,000/Oz by 2026?
Deutsche Bank just upgraded its gold forecast to $4,450/oz (from $4,000), with a 2026 target range of $3,950-$4,950. "If this plays out, even Scrooge McDuck’s vault will look understocked," remarked a commodities strategist. The bank cites structural demand drivers and potential Fed easing—though skeptics warn the yellow metal’s rally might need more than pixie dust to hit $5k.
Stock Spotlight: Trigano and Rémy’s Liquor-Laced Rally
French leisure vehicle Maker Trigano zoomed to the top of the SBF 120 despite lukewarm earnings, thanks to bullish 2026 projections. Meanwhile, Rémy Cointreau got investors tipsy on better-than-feared H1 results and H2 growth hopes. "Nothing pairs better with turkey than cognac-fueled stock gains," noted a BTCC report, as Americans likely uncorked bottles alongside their Thanksgiving feast.
Puma Pounce? Chinese Giant Anta Eyes German Sportswear Icon
Bloomberg reports that Anta Sports—China’s answer to Nike—is circling Puma for a potential buyout. The news sent Puma’s shares leaping in Frankfurt. "This could be the ultimate Black Friday deal," mused an M&A banker, recalling Anta’s past acquisitions including Amer Sports (parent of Wilson and Arc’teryx).
FAQ: Your Thanksgiving Trading Leftovers
Why were U.S. markets closed on November 28, 2025?
Wall Street observed the Thanksgiving holiday, reopening Friday for a shortened session (15:30-19:00 CET).
What’s driving gold price forecasts to $5,000?
Deutsche Bank cites Fed easing expectations, geopolitical risks, and structural demand from central banks and ETFs.
How reliable are Fed rate cut probabilities?
CME FedWatch reflects futures market pricing—historically accurate but sensitive to new data. Current 84% odds assume softening inflation.
