U.S. consumer inflation rose by less than expected in November; CPI gained 2.7%

US stock futures have edged lower following a rally on Wall Street, which was buoyed by a softer Consumer Price Index (CPI) report. This development indicates a cautious market response as investors digest the implications of inflation data on future economic conditions.

Oil futures have seen a modest increase as market attention shifts towards ongoing efforts for a peace agreement between Russia and Ukraine, alongside heightened U.S. actions against Venezuela. This context has contributed to a positive sentiment in oil trading, reflecting investor optimism amidst geopolitical tensions.

U.S. natural gas futures experienced a decline, settling lower after initially gaining in a volatile trading session. This fluctuation reflects ongoing uncertainty in the market, influenced by changing weather forecasts and demand expectations.

U.S. inflation slowed to 2.7% in November, as reported by the Consumer Price Index, although data collection issues related to a government shutdown have distorted the findings, raising concerns among economists about the accuracy of the report.

American Airlines has announced the launch of 15 new summer routes connecting various U.S. cities, catering to the anticipated increase in travel as Americans plan vacations, particularly to European destinations. This move comes as airlines prepare for the upcoming travel season while current travelers focus on holiday plans.

The U.S. dollar weakened following the November inflation report, which indicated slower price increases, leading to a decline in its value. This development reflects growing concerns among investors regarding the Federal Reserve's potential interest rate cuts, as market sentiment shifts in response to economic indicators.

Gold and silver prices experienced a recovery after the release of the November Consumer Price Index (CPI) report, which provided insights into inflation trends. This recovery follows a period of volatility in the precious metals market, where both metals had faced losses prior to the report's release.

In 2025, a U.S. car manufacturer achieved a significant milestone by selling 2.8 million vehicles, marking a notable shift in consumer buying patterns amid fluctuating automotive tariffs. The U.S. managed to reduce tariff burdens to 15% for most trade partners, which played a crucial role in shaping the market dynamics this year.