Financial Market Preview - Friday 6-Dec
Update: 2024-12-06
Description
US futures are slightly lower ahead of today's nonfarm payrolls report. European equity markets are mostly firmer, while Asian markets finished mixed. Bitcoin is pulling back after crossing the $100,000 threshold. Market focus today is on the US nonfarm payrolls report, with economists forecasting a rebound from October's hurricane and strike-impacted print. Despite expected strength, a rate cut later this month remains likely. Meanwhile, European markets are digesting the political turmoil in France, where President Macron is addressing the fallout from his government’s collapse. South Korean politics also remain in focus after new calls for President Yoon’s suspension, amid concerns over martial law.
Companies Mentioned: Boeing
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