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Story summary
- Investors have grown cautious ahead of Black Friday due to negative news weighing on global markets.
- The Federal Reserve's policy stance remains uncertain, with December rate-cut odds dropping from 94% to 47%.
- This uncertainty coincides with signs of slowing growth in the United Kingdom, the European Union (EU), China, and Japan.
- Japan's Prime Minister Sanae Takaichi faces pressure for a larger budget after a 1.8% GDP contraction.
