MPC Morning Call 5th December 2025 – Stock mixed as investors brace for key Inflation data
Stocks were mixed overnight as investors wait for key inflation data tonight in the form of the Feds preferred inflation gauge, PCE.
WATCH ON YOUTUBE MPC Morning Call 5th December 2025 – Stock mixed as investors brace for key Inflation data U.S. jobless claims fell sharply last week, highlighting continued strength in the labor market. Seasonally adjusted initial claims dropped to 191,000 for the week ending November 29, down 27,000 from the prior week’s revised figure of 218,000 — the lowest level since September 2022. The report arrives just before key inflation data due Friday, which could play a crucial role in shaping the Federal Reserve’s upcoming policy decisions. Analysts suggest that depending on the personal consumption expenditures (PCE) index results, the Fed could weigh the possibility of a rate cut in December amid mixed signals on inflationary trends. Market sentiment has also been influenced by speculation over future Fed leadership. Reports indicate that the Trump administration recently canceled interviews with other candidates for Fed chair, fueling expectations that Kevin Hassett — a known policy dove — may be appointed to replace Jerome Powell in 2026. This potential leadership shift has added to dovish expectations in financial markets, reinforcing views that monetary policy could soon tilt toward easing if inflation shows further cooling. In corporate news, Salesforce shares gained after the company raised its fiscal 2026 revenue and earnings guidance, driven by strong demand for its AI-enhanced platform among enterprise clients. Retailer Five Below also outperformed, reporting third-quarter earnings that beat expectations on the back of strong same-store sales and new store openings. However, Snowflake shares slumped after delivering a weaker revenue forecast for the upcoming quarter. Meanwhile, Meta Platforms’ stock rose 3% following reports of substantial spending cuts to its Metaverse division, even as the European Commission launched an antitrust probe into the company’s AI practices on WhatsApp. Government Bond Yields Commodities, Energy & FX ASX Overnight: SPI 8635 (+0.23%) The Day Ahead: We are in for a quiet day leading into key US data Corporate news: Premier Investments has announced a 12-month on-market share buyback of up to $100 million, following the completion of its Apparel Brands sale to Myer earlier this year. BetMakers has signed a definitive agreement to acquire assets and liabilities of the Las Vegas Dissemination Company, Saluda Medical begins trading on the ASX at 11am AEDT after raising $230.8 million in its initial public offering, valuing the neuromodulation company at about $775 million.
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