At 10:00 GMT, the Eurozone economy released its preliminary annual estimates for the CPI during November, which rose 1.0%, more than forecasts of 0.8%, and more than the previous reading of 0.7%.

The core reading for the same index (excluding food and fuel prices) rose 1.3%, more than forecasts of 1.2%, and more than the previous reading of 1.1%. This data is a positive for Euro.

Palladium prices rose during trading hours today, to break the $1,800 per ounce threshold, amid forecasts that tougher climate-change restrictions will push prices further to record highs.

Palladium is used in the manufacturing of car components that reduce exhaust and pollutant emissions, which has propelled global automotive companies to increase their demand on the metal.

Palladium prices so far gained around 60% since the beginning of the year, which have entered record-breaking run for months till November.

Analysts forecast Palladium to advance further to fresh record highs and breach the $2,000 mark before gold, which is widely expected to occur in the fourth quarter of 2020.

Industrial demand on metals (including palladium) surged amid widespread optimism about the US-China trade talks and hopes for the signing of the phase one trade deal soon.

As for trading, palladium December futures surged 1% to $1,828.9 an ounce as of 14:18 GMT, and hit a session-high of $1,828.9 and a low of $1,808.5.

US stocks opened lower in the last session of November, but remain on their way for weekly and monthly gains after the record-breaking run hit recently.

No further updates and new details about the US-China trade talks were revealed but the recent upbeat trade remarks have pushed Wall Street to a record-breaking run in recent days.

Several US and Chinese officials have said that the two countries were close to signing the phase one trade deal.

US stock and bond markets closed were closed Thursday due to the Thanksgiving holiday, and today's session will be brief.

As for trading, Dow Jones dipped 0.2% or 47 points to 28,116, Nasdaq fell by 0.1% or 11 points to 8,694, and S&P 500 slipped 0.1% or 5 points to 3,148.

Euro held steady against the US dollar during trading sessions on Friday, and stayed range bounded as investors avoided building new positions ahead of the release of Europe's inflation data for November, which provides insight about prospects for the ECB to expand its monetary easing approach to stimulate economic recovery.

EUR/USD held at $1.1009 as of 07:15 GMT, after opening at $1.006, with a session-low of $1.1006, and the high of $1.1012.

Euro gained about 0.1% against US dollar on Thursday, within its recovery attempts from a 2-week low of $1.0992 hit in the previous day.

During November's sessions which ends today, Euro has shed 1.3% against dollar so far, to resume its monthly losses streak after a pause in October.

Euro's monthly loss comes as investors' risk-appetite improved after hopes about the first phase of the US-China trade agreement were boosted following positive news and comments from Washington and Beijing.

Investors are anticipating later today the release of the important European data for inflation levels during November, which offer strong cues on the prospects for the ECB's stimulus measures at upcoming meetings.

At 10:00 GMT, the CPI prelim reading for November will be released, with forecasts to rise 0.8% vs. 0.7% in October, and the core CPI reading (excluding food and fuel prices) expected to rise 1.2% vs.1.1%.