{"id":56601,"date":"2025-11-28T10:08:37","date_gmt":"2025-11-28T14:08:37","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-markets-navigate-cme-resumption-german-budget-and-strong-canadian-gdp\/56601\/"},"modified":"2025-11-28T10:08:37","modified_gmt":"2025-11-28T14:08:37","slug":"global-markets-navigate-cme-resumption-german-budget-and-strong-canadian-gdp","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-navigate-cme-resumption-german-budget-and-strong-canadian-gdp\/56601\/","title":{"rendered":"Global Markets Navigate CME Resumption, German Budget, and Strong Canadian GDP"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>CME Group (<a href=\"\/stock\/CME\">CME<\/a>)<\/strong> markets, including <strong>U.S. <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> and <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">silver<\/a> futures<\/strong>, have resumed trading after an hours-long halt caused by a technical glitch at a data center. U.S. gold futures are up <strong>0.3%<\/strong> at <strong>$4,215.3\/oz<\/strong>.<\/li>\n<li>The <strong>German Bundestag<\/strong> has approved the <strong>2026 federal finance plan<\/strong>, which includes <strong>\u20ac98 billion<\/strong> in net new borrowing, pushing the total net debt (including special funds) to nearly <strong>\u20ac182 billion<\/strong>.<\/li>\n<li><strong>Canada&#39;s annualized GDP<\/strong> for the third quarter surged to <strong>2.6%<\/strong>, significantly surpassing the <strong>0.5%<\/strong> estimate and reversing the previous quarter&#39;s contraction.<\/li>\n<li><strong>Adobe Inc. (<a href=\"\/stock\/ADBE\">ADBE<\/a>)<\/strong> forecasts record online spending for the holiday shopping season, with <strong>Black Friday<\/strong> expected to hit <strong>$11.7 billion<\/strong> (+8.3% YOY) and <strong>Cyber Monday<\/strong> <strong>$14.2 billion<\/strong> (+6.3% YOY).<\/li>\n<\/ul>\n<p>Global financial markets are reacting to a series of significant developments, including the resumption of trading on <strong>CME Group (<a href=\"\/stock\/CME\">CME<\/a>)<\/strong> platforms after a technical outage, the approval of Germany&#39;s 2026 federal budget, and stronger-than-expected economic growth in Canada. Meanwhile, <strong>Adobe Inc. (<a href=\"\/stock\/ADBE\">ADBE<\/a>)<\/strong> has released optimistic forecasts for online holiday spending.<\/p>\n<h2>CME Group Markets Resume After Hours-Long Halt<\/h2>\n<p><strong>CME Group (<a href=\"\/stock\/CME\">CME<\/a>)<\/strong> markets have fully reopened and are trading after an hours-long halt that affected various futures contracts, including U.S. gold and silver. The disruption was attributed to a cooling system malfunction at one of the company&#39;s data centers. Following the resumption, <strong>U.S. gold futures<\/strong> were up <strong>0.3%<\/strong> at <strong>$4,215.3\/oz<\/strong>. WTI futures also saw trading resume, opening at <strong>$58.90<\/strong>, up <strong>0.43%<\/strong> from Wednesday&#39;s close, while U.S. natural gas futures rose <strong>2.5%<\/strong>. <strong>CME Group<\/strong> announced that all day orders and GTDs with today\u2019s date would be cancelled, but acknowledged GTCs would remain working. The <strong>CME Globex FX Spot Plus markets<\/strong> were scheduled to pre-open at 08:30 Central Time and open at 09:00 Central Time. The issue affecting the EBS Workstation Trader Deals Panel has also been resolved.<\/p>\n<h2>German Bundestag Approves Debt-Heavy 2026 Budget<\/h2>\n<p>The <strong>German Bundestag<\/strong> lawmakers have officially approved the <strong>2026 federal finance plan<\/strong>. This budget includes a substantial <strong>\u20ac98 billion<\/strong> in net new borrowing. With the inclusion of special funds, Germany&#39;s total net debt for 2026 is projected to reach almost <strong>\u20ac182 billion<\/strong>. This marks a significant increase in borrowing, a level not seen since the COVID-19 pandemic. The government aims to use this increased spending to revive the economy and boost investments in infrastructure and defense.<\/p>\n<h2>Canada&#39;s Economy Surges in Q3, Exceeding Expectations<\/h2>\n<p><strong>Canada&#39;s economy<\/strong> demonstrated robust growth in the third quarter, with its annualized GDP expanding by a notable <strong>2.6%<\/strong>. This performance significantly outpaced analysts&#39; expectations of a <strong>0.5%<\/strong> increase and reversed the <strong>-1.6%<\/strong> contraction seen in the previous quarter. Monthly GDP for September also showed positive momentum, rising <strong>0.2%<\/strong>, aligning with estimates and improving from the previous <strong>-0.3%<\/strong> decline. Year-over-year GDP growth for Q3 came in at <strong>1.0%<\/strong>, exceeding the <strong>0.6%<\/strong> estimate. The strong rebound was primarily driven by a strengthening trade balance, with exports edging up and imports falling, alongside increased government capital spending.<\/p>\n<h2>Holiday Shopping Season Forecasts Remain Strong<\/h2>\n<p><strong>Adobe Inc. (<a href=\"\/stock\/ADBE\">ADBE<\/a>)<\/strong> has released optimistic projections for online consumer spending during the current holiday season. The company anticipates a record <strong>$11.7 billion<\/strong> in online sales for <strong>Black Friday<\/strong>, marking an <strong>8.3%<\/strong> year-over-year increase. <strong>Cyber Monday<\/strong> is expected to be even larger, with consumers projected to spend <strong>$14.2 billion<\/strong> online, representing a <strong>6.3%<\/strong> increase from the previous year. These forecasts suggest a strong performance for retailers as consumers continue to embrace digital shopping channels.<\/p>\n<p>In other news, <strong>Commerzbank<\/strong> has been mandated to compensate customers for negative interest rates, as reported by @suedeutsche. U.S. <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> E-mini futures<\/strong> are also up <strong>0.2%<\/strong>. Market participants are also looking ahead to next week&#39;s economic calendar and potential central bank actions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways CME Group (CME) markets, including U.S. gold and silver futures, have resumed trading after an hours-long halt caused 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