- New York Fed President John Willams delivered some dovish comments.Williams said that inflation is heading lower and interest rates should fall further.
- Fed’s Williams meanwhile received additional support from Richmond Fed President Tom Barkin who said in an interview on Thursday with the Financial Times that inflation will continue to drop, Bloomberg reports.
- On the geopolitical front, Ukraine reports that Russia has launched a ballistic missile, Bloomberg reports.
- At 13:30 GMT, the Weekly Jobless Claims for the week ending November 15 are due. Expectations are for a small uptick to 220,000 against the 217,000 from the week before.
- The Philadelphia Fed Manufacturing Survey for November is expected to decline to 8 coming from 10.3.
- Existing Home Sales data for October are due at 15:00 GMT. Economists expect sales to jump higher to 3.93 million from 3.84 million in September.
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