Dollar Weakens After Tame Inflation Report

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.

Darden Restaurants reported an increase in fiscal second-quarter sales and profit, raising its full-year sales-growth guidance while managing to mitigate the effects of rising beef prices.

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.

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.

U.S. consumer inflation rose by 2.7% in November, a figure that was lower than many analysts had anticipated. This increase follows a period of uncertainty due to a government shutdown that affected data collection, raising questions about the accuracy of the reported figures.

The craft beer industry is facing significant turmoil, with a notable brewery chain announcing the closure of additional locations amid ongoing financial struggles. This follows a trend where over 250 breweries in the U.S. permanently shut down in the first half of the year, exacerbated by rising operational costs and declining customer visits.