US stock and bond markets are closed today, November 27, for the Thanksgiving holiday. Markets will also close early on the following day, November 28. While cryptocurrency markets remain open, the closure of traditional finance institutions often results in reduced liquidity and lower trading volumes across broader financial markets. Consequently, global liquidity is thinner, and the US Dollar has recorded its largest weekly drop in four months amidst uncertainty regarding the Federal Reserve's path. Traders should be aware of potential volatility due to the lack of traditional market depth during this period. Separately, reports indicate the UK government is planning approximately £55 billion in tax increases to address fiscal discipline and rising long-term rates. These measures are expected to include income tax hikes and expanded sugar taxes, contributing to a complex macroeconomic landscape alongside the US holiday pause. [Update 1] Added details on the US Dollar's significant weekly drop and thinner liquidity conditions. Also included reports of major UK tax hikes (£55bn) affecting global market sentiment.