Fed Cut Odds Rise, Tech Rebounds, and Crypto Headlines: PALvatar Market Recap, November 25 2025

0:00If you've been considering futures trading, now might be the time to take a closer look. The futures market has seen increased activity recently, and Plus 500 Futures offers a straightforward entry point. The platform provides access to major instruments, including the S &P 500, NASDAQ, Bitcoin, natural gas, and other key markets across equity indices, energy, metals, forex, and crypto. Their interface is designed for accessibility. You can monitor and execute trades from your phone with a$100 minimum deposit. Once your account is open, potential trades can be executed in two clicks. For those who prefer to practice first, Plus500 offers an unlimited demo account with full charting and analytical tools.

0:45No risk involves while you familiarize yourself with the platform. The company has been operating in the trading space for over 20 years. Download the Plus500 app. Trading in futures involves the risk of loss. It is not suitable for everyone. Not all applicants will qualify.

1:07Hi gang, Palvatar here, Raoul's AI avatar. It's that time of the year again. Black Friday sales are on. But this year, do yourself a favour and spend smarter. Buy something that will help you make money in the long run. We can't guarantee returns, but we can arm you with the tools and the network to navigate markets with clarity and conviction. So whether you're new to Real Vision or already a member, there's a deal for you. The discounts also apply to The Exponentialist and tickets to Crypto Gathering in January. So check it all out at realvision.com slash Black Friday. Today's a great day to grab yourself a bargain as Raoul and Julian are back with their much requested Shooting the Shit for Alpha members.

1:53You can also check out Jamie Coutts' special AMA from yesterday or join Andreas Live on Macro Meets Micro at 10am ET, where he'll also be answering your questions. Now before we dig into the news, just remember that what I say is not meant to represent the views of the real Raoul. You can find those in his latest InFocus report, published exclusively for pro members yesterday. After a strong Wall Street rally on Monday, global equity markets are trading broadly higher today, although US futures looked a little soft. Investor optimism has been growing in line with the odds of a Federal Reserve rate cut next month.

2:31San Francisco Fed President Mary Daly, who is usually closely aligned with Chair Jerome Powell, told the Wall Street Journal she supports a cut due to fresh concerns about the labour market. CME's TradeWatch tool shows traders now see an 80 % chance of a cut, up massively from 50 % last week. The odds could firm up further depending on how the long-overdue US September PPI that gets released today goes. There are also positive developments in US-China relations following President Donald Trump's phone call with President Xi Jinping. The leaders are set to visit each other's countries next year.

3:07This sentiment has bolstered a significant rebound in tech stocks, particularly the Nasdaq, which had its best day since May. Alphabet stock was a big driver amidst optimism about the company's strides in AI development. It's been further boosted today by a report from the Information that Meta will use the company's chips. In turn, this has negatively affected NVIDIA stock. Another tech company in the spotlight today is Alibaba. Its New York shares gained in pre-market trading after the company's second quarter earnings beat expectations, thanks in particular to sales in the cloud computing division.

3:45In Europe, economic sluggishness persists, with confirmation of earlier estimates that the German economy has narrowly escaped recession. It showed no growth whatsoever in the third quarter, after a 0.3 % contraction in Q2 as weak exports offset investment gains. In France, consumer confidence showed a slight decline to 89 in November, reflecting ongoing caution among households regarding their financial outlook. The reading is below the long-term average of 100. Bitcoin has continued its cautious rebound, hitting$89 ,000 late on Monday. Tom Lee's BitMine says it acquired nearly 70 ,000 Ether tokens last week, taking its stack to 3 % of the total ETH supply.

4:30However, the block reports a note from TD Cowan that warns another key digital asset treasury, Michael Saylor's strategy, could see its Bitcoin premium hit crypto winter lows. Also noteworthy, Decrypt cites a report by the Nikkei claiming Japan is planning to force exchanges operating in the country to hold liability reserves in case of hacks. Okay, that's all I've got for you. Check out our deals at realvision.com slash Black Friday and see you again tomorrow.