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America’s Roundup, Dollar eases against peers after U.S. jobs data, Wall Street ends mixed, Gold inches up, Oil settles lower

Market Roundup

• US ADP Employment Change Weekly: 16.25K, 2.75K previous

• US Nonfarm Payrolls (Oct): -105K, 108K previous

• US Average Hourly Earnings (MoM) (Oct): 0.4%, 0.2% previous

• US Average Hourly Earnings (YoY) (Oct): 3.7%, 3.8% previous

• US Private Nonfarm Payrolls (Oct): 52K, 104K previous

• US Average Weekly Hours (Oct): 34.2, 34.2 previous

• US Government Payrolls (Oct): -157.0K, 4.0K previous

• US Manufacturing Payrolls (Oct): -9K, -5K previous

• US Average Hourly Earnings (MoM) (Nov): 0.1%, 0.3% forecast, 0.4% previous

• US Nonfarm Payrolls (Nov): 64K, 50K forecast, -105K previous

• US Unemployment Rate (Nov): 4.6%, 4.5% forecast, 4.4% previous

• US Core Retail Sales (MoM) (Oct): 0.4%, 0.2% forecast, 0.1% previous

• US Retail Sales (MoM) (Oct): 0.0%, 0.1% forecast, 0.1% previous

• US Private Nonfarm Payrolls (Nov): 69K, 45K forecast, 52K previous

• US U6 Unemployment Rate (Nov): 8.7%, 8.0% previous

• US Participation Rate (Nov): 62.5%, 62.4% previous

• US USD Average Hourly Earnings (YoY) (Nov): 3.5%, 3.7% previous

• US Retail Control (MoM) (Oct): 0.8%, 0.3% forecast, -0.1% previous

• US Government Payrolls (Nov): -5.0K, -157.0K previous

• US Manufacturing Payrolls (Nov): -5K, -5K forecast, -9K previous

• US Average Weekly Hours (Nov): 34.3, 34.2 previous

• US Retail Sales (YoY) (Oct): 3.47%, 4.18% previous

• US Retail Sales Ex Gas/Autos (MoM) (Oct): 0.5%, 0.0% previous

• US Redbook (YoY): 6.2%, 5.7% previous

• US S&P Global Services PMI (Dec): 52.9, 54.0 forecast, 54.1 previous

• US S&P Global Manufacturing PMI (Dec): 51.8, 52.0 forecast, 52.2 previous

• US S&P Global Composite PMI (Dec): 53.0, 53.9 forecast, 54.2 previous

• US Business Inventories (MoM) (Sep): 0.2%, 0.1% forecast, 0.0% previous

• US Retail Inventories Ex Auto (Sep): 0.0%, 0.0% previous

Looking Economic Data (GMT)  

•23:30 Australia  MI Leading Index (MoM): 0.1% previous

•23:50 Japan Trade Balance (Nov): 71.2B forecast, -231.8B previous

•23:50 Japan Exports (YoY) (Nov): 4.8% forecast,, 3.6% previous

•23:50 Japan Adjusted Trade Balance (Nov): -0.20T forecast, 0.00T previous

•23:50 Japan Core Machinery Orders (YoY) (Oct): 3.6% forecast, 11.6% previous

•23:50 Japan Core Machinery Orders (MoM) (Oct): -1.8% forecast, 4.2% previous

•23:50 Japan Imports (YoY) (Nov): 2.5% forecast, 0.7% previous

Looking Ahead Events And Other Releases (GMT)  

•No Events Ahead

Currency Summaries

EUR/USD : The euro initially rose but later gave up gains on Tuesday as investors reacted to Eurozone business activity data. Growth in the region slowed more than expected at the end of 2025, with a sharper manufacturing contraction and weaker services expansion weighing on overall momentum.The composite PMI fell from 52.8 to 51.9 in December, as manufacturing output continued to decline. Manufacturing activity contracted for the second consecutive month, with the headline PMI dropping to 49.2 from 49.6 in November, its lowest level since April and below the 49.9 forecast. Services activity still supported growth, but momentum eased, with the PMI slipping to 52.6 from a 2½-year high of 53.6 in November, missing the 53.3 forecast. Immediate resistance can be seen at 1.1787(23.6%fib), an upside break can trigger rise towards 1.1814(Higher BB).On the downside, immediate support is seen at 1.1694(50%fib), a break below could take the pair towards 1.1633(SMA20).

GBP/USDSterling strengthened against the U.S. dollar on Tuesday as stronger-than-expected UK manufacturing PMI data bolstered the pound. The composite S&P Global PMI rose to 52.1 in December’s flash reading from 51.2 in November, surpassing all forecasts but remaining below its long-term average. Both the headline PMI and the services index reached two-month highs, while manufacturing activity posted its strongest reading in 15 months.Separate data showed that Britain’s unemployment rate climbed to its highest level since early 2021, while private sector pay growth slowed to its weakest pace in nearly five years, ahead of Finance Minister Rachel Reeves’ annual budget last month. The Bank of England is expected to cut interest rates on Thursday for the first time since August, though the decision is likely to be closely contested as some policymakers remain wary of persistent inflation pressures.  Immediate resistance can be seen at 1.3447(23.6%fib), an upside break can trigger rise towards 1.3494(Higher BB).On the downside, immediate support is seen at 1.3336(38.2%fib), a break below could take the pair towards 1.3273(SMA20).

USD/CAD: The Canadian dollar strengthened against the U.S. dollar on Tuesday as the greenback eased following U.S. jobs data showing a rise in the unemployment rate from September. The U.S. economy added 64,000 jobs in November, surpassing expectations, after shedding 105,000 jobs in October, according to Labor Department figures. The unemployment rate climbed to 4.6% in November from 4.4%, reaching its highest level since 2021, though the data was not as weak as some had anticipated.Investors are now focusing on November’s Consumer Price Index, due Thursday, and the Personal Consumption Expenditures index, scheduled for release on Friday. Immediate resistance can be seen at 1.3795 (Dec12th high), an upside break can trigger rise towards 1.3867 (38.2%fib).On the downside, immediate support is seen at 1.3743(38.2%fib), a break below could take the pair towards 1.3677(Lower BB).

USD/JPY: The U.S. dollar weakened on Tuesday as the Japanese yen strengthened ahead of the Bank of Japan’s policy meeting on Friday. The BOJ is expected to raise short-term rates to 0.75% from 0.5%, reaching a three-decade high, and signal further hikes, closing the year with two increases despite U.S. tariff pressures and the arrival of a dovish prime minister. While still low by global standards, the move marks another step in Governor Kazuo Ueda’s efforts to normalize monetary policy. Market attention will focus on Ueda’s post-meeting comments for clues on future rate direction.On the data side, Japanese manufacturers’ business sentiment hit a four-year high in the three months to December, bolstering expectations of additional tightening. Immediate resistance can be seen at 157.32(Higher BB) an upside break can trigger rise towards 155.88(38.2%fib) .On the downside, immediate support is seen at  154.50 (Daily low)  a break below could take the pair towards 154.24 (38.2%fib).

Equities Recap

European shares slipped on Tuesday, dragged down by sharp losses in defense and energy stocks, as investors digested disappointing domestic and U.S. jobs data.

UK's benchmark FTSE 100 closed down by 0.68 percent, Germany's Dax ended down by 0.63 percent, France’s CAC finished the day down by 0.23 percent.

The Nasdaq rebounded on Tuesday to finish higher, while the S&P 500 and Dow ended lower, weighed down by declines in healthcare and energy stocks.

Dow Jones closed down  by 0.62% percent, S&P 500 closed down  by 0.24 % percent, Nasdaq settled up by 0.23%  percent.

Commodities Recap

Gold climbed on Tuesday as a higher U.S. unemployment rate fueled expectations of Federal Reserve rate cuts, weakening the dollar.

Spot gold   gained 0.2% to $4,308.31 per ounce, as of 11:17 a.m. ET (1617 GMT). U.S. gold futures  were up 0.1% at $4,340.20.

Oil futures fell to their lowest since February 2021 on Tuesday amid oversupply concerns and hopes of a Russia-Ukraine peace deal easing sanctions.

Brent crude futures settled down $1.64 a barrel, off roughly 2.71%, to $58.92 a barrel, while U.S. West Texas Intermediate crude closed at $55.27, down $1.55, or 2.73%.

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