International news

by Nineki233

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  1. November quarterly non-farm payrolls 263,000, compared with 200,000 expected and 261,000 previously, ending the trend of three consecutive months of decline. Unemployment rate remained unchanged at 3.7% for the third consecutive month.
  2. Canadian employment in November 10,100,000, expected 0.5 million, the previous value of 108,300.
  3. Eurozone PPI recorded a monthly rate of -2.9% in October, ending the growth trend since May 2020.
  4. The outstanding U.S. federal government debt balance reached $31.41 trillion and has exceeded the ceiling.
  5. OPEC+ may maintain its current oil production target when it meets on Sunday, two OPEC+ sources said on Friday, but some said further production cuts are not entirely out of the question given concerns about economic growth and demand.
  6. After a two-month selloff, the Bridgewater fund wiped out most of its 2022 gains.
  7. Irish Foreign Minister Coventry: agreement on issues related to the Northern Ireland Protocol may be reached in the coming weeks.
  8. FAO’s latest forecast for global cereal production in 2022 is 2.756 billion tons, down 7.2 million tons YoY and down 2.0% YoY(57 million tons).

 

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