U.S. November Non-Farm Payrolls and Unemployment Rate Higher Than Expected, U.S. Stock Index Futures Turn Higher

BlockBeats News, December 16: Both the US November non-farm payroll and unemployment rate came in higher than expected. The November unemployment rate reached 4.6%, the highest since September 2021. The November seasonally adjusted non-farm employment population increased by 64,000, exceeding market expectations.

After the data was released, US stock index futures turned upward. Non-US currency pairs rose, with the Euro to US Dollar (EUR/USD) rising by over 10 points to 1.1791. The British Pound to US Dollar (GBP/USD) rose by nearly 20 points to 1.3452. The US Dollar to Japanese Yen (USD/JPY) fell by 30 points to 154.39. The US Dollar Index (DXY) broke below 98 for the first time since October 6. Spot gold rose by $5 in the short term, reaching as high as $4306 per ounce. (Oriental Wealth)