Market 12/05: PCE Inflation, Income, Spending September

Key highlights:

• September PCE inflation as expected

• September income and spending as forecast

• "UMich: Inflation expectations continue to decline"

• Government blocks AI chip exports to China

• BOJ expected to raise interest rates

• China continues to buy soybeans from US

• EU increases sanctions on Russian oil

• Netflix acquires Warner Bros, SOFI issues shares

• Market: Another day of no liquidity