Web Trader MT5 
U.S. stock futures declined after the S&P 500 recorded a third straight losing session, as investors reacted to newly released labor market data. Futures on the S&P 500, Nasdaq 100 and Dow Jones all moved lower, reflecting growing concerns about the pace of U.S. economic growth.
The delayed jobs report showed the economy lost 105,000 jobs in October and the unemployment rate rose to 4.6%, its highest since 2021, while November payrolls increased by 64,000, beating expectations. Markets fell as investors focused on signs of a slowing economy, with energy stocks also pressured by oil prices falling. Attention now turns to Thursday’s U.S. inflation data.
U.S. oil prices dropped nearly 3% on Tuesday, with WTI falling to $54.88 per barrel, while Brent reached a low of $58.52. Crude prices have been pressured by expectations of a supply surplus and easing geopolitical risks, particularly around a potential peace agreement between Ukraine and Russia. The downturn has been reinforced by rising OPEC+ production, signs of a slowing U.S. economy, and the possibility that sanctions on Russian oil could be lifted if a deal is reached.
U.K. inflation slowed more than expected in November, with headline CPI falling to 3.2% from 3.6% in October, strengthening the case for a Bank of England rate cut this week. Core inflation also eased to 3.2%, while unemployment recently rose to 5.1%, adding to signs of cooling price pressures and a weakening labor market. The softer data increases the likelihood that the BoE will cut interest rates by 25 basis points to 3.75% at its final meeting of the year.
Asia-Pacific markets were mixed on Wednesday as investors digested Japan’s solid trade data. Japan’s exports rose 6.1% year on year in November, beating forecasts and accelerating from the previous month.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
