• A gauge of global stocks was poised to snap a four-session winning streak on Monday while Treasury yields rose as investors awaited U.S. labor market data to indicate the likely route of the Federal Reserve’s rate policy.
• Softening economic data and recent comments from Fed officials, including Chair Jerome Powell, have heightened expectations that the U.S. central bank has ended its interest-rate-hiking cycle and will begin to cut rates as soon as March. The next Fed policy meeting is scheduled to take place on Dec. 12-13.

https://www.reuters.com/markets/global-markets-wrapup-1-2023-12-04/