US Job Growth Seen Picking Up in July 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data 
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Australia's employment data for November 2024 shows a strong performance in the job market, with several important highlights:
Job Creation: In November, 35,600 more people found jobs, which is a big increase compared to only 12,100 jobs added in October and higher than the expected 25,000 new jobs. This brings the total number of employed Australians to about 14.54 million people .
Unemployment Rate: The unemployment rate dropped to 3.9%, down from 4.1% in October. This was lower than the expected increase to 4.2% and marks the lowest rate since March 2024.
Participation Rate: The percentage of people in the labor force went down slightly to 67.0%, from 67.1% in the previous month
Full-Time vs. Part-Time Employment: Full-time jobs increased by 52,600, while part-time jobs decreased by 17,000 compared to October
These positive employment figures have led to the Australian Dollar strengthening against the US Dollar, which suggests that the strong job performance may impact future decisions on interest rates by the Reserve Bank of Australia (RBA) 24.
