Germany Imports (MoM) came in at 4.2%, above expectations (0.5%) in September

TradingKey - On November 9, Eastern Time, Nvidia (NVDA) shares fell in pre-market trading. As of press time, Nvidia was trading at $176.72, down 5.32%, falling below the intraday low of $180.62 set on April 9 and retreating to its lowest range since April.

TradingKey - On Tuesday, November 10, Eastern Time, the U.S. will release the October Consumer Price Index (CPI), a crucial inflation reading ahead of the Federal Reserve's December interest rate decision. The U.S. Bureau of Labor Statistics confirmed that the report will be released at 8:30 a.m. Eastern Time. Markets expect headline inflation in October to cool compared to September, driven by a slowdown in gasoline price gains, though core inflation remains somewhat sticky. This data will shape market expectations regarding whether the Fed will continue to raise interest rates in December and could trigger a new round of market movement across U.S. equities, the U.S. dollar, and gold (XAUUSD).

Japanese and South Korean stock markets fluctuated to build a bottom, with the Nikkei rebounding strongly by 2.33%, while South Korean stocks retreated to 5,018 points as investors adopted a wait-and-see stance ahead of U.S. CPI and PPI data.

TradingKey - As of Monday's (November 9) Asian trading session, gold prices (XAUUSD) rebounded following a modest pullback last Friday, rising over 1% intraday to touch a high of $4,134.27 and reclaiming the $4,100 threshold. Last Friday, the U.S. October nonfarm payroll data significantly exceeded market expectations, driving up the U.S. dollar and Treasury yields, and briefly sending gold down toward the $4,033 level. However, gold logged a cumulative 5% gain last week, marking its largest single-week increase since late August and signaling that the recent rally has not yet fully run its course.

TradingKey - During the week of November 9–13 Eastern Time, the U.S. October Consumer Price Index (CPI) and Producer Price Index (PPI) will be released, with inflation data once again becoming the focus of the U.S. stock market.