US jobs up 64K Nov, but Oct revised down 105K. Unemployment ticks up, adding economic woes. Traders eye inflation.
Futures dip on weak US data; Tesla hits record, but healthcare/energy stocks drag S&P 500.
Fund managers are most bullish in 3 yrs, cash at record low. AI bubble & Mag 7 seen as tail risks.
Recap - Japan’s exports rose for a third straight month in November, lifting the trade balance back into surplus and reinforcing expectations the BoJ will deliver a 25bp rate hike this week, even as forward guidance remains cautious.
Final pennies minted fetch $16.76M! Collectors paid a premium for history, a record for US Mint sales.
Weak yen clears path for December BoJ hike, if yen fails afterwards another hike to come A December BoJ hike driven by currency weakness could support the yen at the margin, while raising the risk of further tightening if depreciation persists.
Japan exports surge 13.5% on strong US demand! Traders eye trade balance data for market direction.
Sponsored
Must Read