Weekly Global Market Update: Dollar Up, Fed Split, NVIDIA Soars 22 Nov 2025

Welcome to this week’s Global Market Update — where we break down the biggest stories moving the financial world! 📊 After weeks of turbulence, the markets reacted strongly to key economic data and earnings updates. Let’s unpack what really happened: 💥 Highlights This Week: 🇺🇸 U.S. Jobs Data: Non-Farm Payrolls came in higher than expected — 119K new jobs in September, with unemployment steady at 4.4%. Strong employment data helped the USD gain momentum, while the Federal Reserve remains divided over future rate cuts and quantitative tightening. 🍁 Canada: Inflation cooled to 2.2% YoY, mainly due to lower gasoline prices — signaling potential policy flexibility for the Bank of Canada. 🇬🇧 United Kingdom: Private sector growth slowed in November as service activity weakened. The latest PMI data suggests a softer outlook and potential interest rate cuts ahead. 💻 Corporate Earnings: NVIDIA impressed investors with record-breaking AI-driven data-center revenue, strong earnings, and bullish guidance. Home Depot posted modest growth but missed EPS forecasts amid weak housing demand. 📈 Global PMI Insights: U.S. activity remains resilient, but manufacturing softness and rising inventories could signal caution ahead.