Polymarket said its exchange is in cancel-only mode; relayer operations have been suspended and the platform is investigating an incident.

U.S. initial jobless claims for last week, preliminary Q3 real personal consumption expenditures (QoQ), preliminary annualized Q3 real GDP and core PCE (QoQ annualized), September personal spending (MoM) and core PCE (MoM, YoY) are due in 10 minutes.

The ECB kept its key deposit rate at 2.5% on Thursday, in line with the Fed and market expectations. While rising energy costs prompted a 25bp hike in September and continue to lift inflation, mounting French sovereign stress — France's 10-year yield topped 5% for the first time in over 20 years last week — has reduced policymakers' urgency to tighten further, since higher yields push up household and corporate borrowing costs and act to cool demand. Mitsubishi UFJ economist Henry Cook said that despite a more adverse energy market since September, the rise in sovereign yields has lessened the immediacy for action.