Global equities remain steady after four days of gains as markets anticipate a faster rate cut by the Federal Reserve. The MSCI All Country World Index trimmed its November drop to 0.4%, with European and Asian benchmarks posting modest moves. Bitcoin traded above $91,000, and the dollar paused its retreat.

Stocks track expectations for Fed easing, with markets pricing in an 80% chance of a quarter-point cut next month and leaning toward three more by the end of 2026. Japanese and South Korean equities outperformed, with tech shares leading gains. UK gilts gave back some of their rally following the Autumn budget.

Oil fluctuates after Russian President Vladimir Putin mentions potential US proposals for ending the war in Ukraine. Platinum hits a one-month high, supported by optimism over fresh demand. Banca Monte dei Paschi di Siena CEO under investigation, Allfunds Group attracts takeover interest, Morgan Stanley fined, China Vanke Co. faces loan rejections, and Anta Sports explores a Puma SE takeover.

Market movements show S&P 500 and Dow Jones futures unchanged, MSCI World Index little changed, MSCI Asia Pacific Index rising 0.2%, MSCI Emerging Markets Index little changed, Ibovespa falling, and Mexico’s S&P/BMV IPC down. Currency movements see little changes in the Bloomberg Dollar Spot Index, euro, British pound, offshore yuan, Mexican peso, and Brazilian real. Bitcoin and Ether rise, while 10-year Treasury and Germany’s 10-year yield remain stable, and Britain’s 10-year yield advances. West Texas Intermediate crude rises, while spot gold falls.

Read more at Yahoo Finance: Global Stocks Hold Steady After Four-Day Rally: Markets Wrap