This Friday morning, New York’s future indices are declining after the ADP report revealed an unexpected rise in private-sector jobs.
The market is now focused on the upcoming U.S. payroll data. These figures will shed more light on the labor market’s condition and, by extension, the U.S. economy.
In Brazil, the IGP-DI index, expected to rise by 0.75% according to the LSEG consensus, will be released, along with November’s industrial production data.
1. U.S. Market Trends
- The decline in New York’s futures reflects the impact of the ADP report and Apple’s stock downgrade.
- Investors are now turning their attention to the payroll data, with a predicted 170,000 job creation, which is key to gauging the U.S. economy’s health.
2. Asian and European Markets
- Asian markets ended mixed, with Japan’s Nikkei standing out positively. This is due to data indicating a halt in Japan’s economic contraction.
- European markets are down, awaiting Eurozone inflation data. German retail sales figures, lower than expected, also contribute to the negative sentiment.
3. Commodities and Bitcoin
- Oil prices are rising after recent volatility, influenced by U.S. interest rate expectations and gasoline stock levels.
- Conversely, iron ore prices have slowed down after a week of increases.
- Bitcoin sees a slight decrease, trading at $44,234.21.
4. Economic and Corporate News
- Brazil’s IGP-DI index and industrial production data are key indicators for the country’s economy.
- Lojas Renner (LREN3) will distribute dividends to its shareholders, reflecting decisions from the 2023 fiscal year.
5. Political Developments
- Brazil has cleared its debts with international organizations, marking a significant financial achievement.
This overview of global markets highlights how various economic indicators, from job creation data to commodity prices, interconnect to shape investor sentiment and market trends.