Daily Report

6 de Dezembro de 2024
Financial Markets | daily report 06.12.2024
  • The political crisis in France and expectations regarding employment figures in the United States expected during today's trading session are the main market constraints.
  • Sovereign debt interest rates eased slightly in the majority of geographies after French President Emmanuel Macron reinforced the idea of some stability, while guaranteeing the appointment of a new prime minister in the coming days.
  • Meanwhile, OPEC announced the extension of production cuts for another three months, until April, but the price of oil still reacted by falling. The concerns about China’s demand for oil and the higher supply from countries outside OPEC+ explain the reaction in markets.
  • Today, employment figures in the US stand out, with the market expecting around 220,000 new jobs created in November, after the effects of the hurricane impacted last month's data. Additionally, it is expected that unemployment rate should kept unchanged at 4.1% in November.