Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Japan’s Service Sector Sustains Growth Momentum in November 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
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.
