ADVFN US – Market Content Editor

Employment in the U.S. increased by more than expected in the month of November, according to a highly anticipated report released by the Labor Department on Friday. The report said non-farm payroll employment jumped by 199,000 jobs in November after rising by 150,000 jobs in October. Economists had expected employment to climb by 180,000 jobs.…

The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to give back ground after ending the previous session mostly higher. The futures came under pressure following the release of a highly anticipated Labor Department report showing employment in the U.S. increased by more than expected in the…

Copper prices edged up while gold held steady ahead of the U.S. jobs report. Commonwealth Bank of Australia expects the labor market to cool, forecasting 150,000 jobs to be added to the economy and unemployment rate of 4%, compared to the consensus of 183,000 and 3.9% respectively. A softer than expected report would likely cement…

The bond rally will likely fade as central banks might start cutting rates later than some market pricing suggests, Societe Generale Research said. “With inflation still high, global central banks are likely to keep policy restrictive for as long as they can. In this context, we believe the rally in bonds will likely run out…

The monthly jobs data will be watched to gauge whether markets are justified in pricing in a first interest-rate cut as early as March, and a figure in line with consensus could lift the dollar, MUFG said. “A consensus print or better could see some of the March 2024 easing come out of the market.”…

Stock futures paused on Friday ahead of a pivotal jobs report that will shed light on whether the Federal Reserve’s aggressive rate-hike campaign is slowing down the economy. What’s driving markets The Labor Department is expected to report that the U.S. added 190,000 jobs in November–buoyed by the return of striking auto workers–with an unchanged…