This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeto the U.S. Commerce Department on Wednesday. Core inflation rose 0.3% on the month and showed an annual reading of 2.8%, higher than September's 2.7%. All figures were in with Dow Jones consensus estimates.of around $90,700.
In fact, traders boosted their bets that the U.S. Federal Reserve will lower rates by 25 basis points at its December meeting. The market is pricing in a 64.7% chance of that happening, higher than the 55.7% of a week ago, according to the Echoing his views, Scott Helfstein, Global X's head of investment strategy, says he thinks the Fed "can eat turkey and watch football for a day knowing that they are close to full employment with price stability."