🌐 Asia Session Update
🔵Australia’s November employment report came in much weaker than expected. Instead of adding 20 thousand jobs, the economy lost 21.3 thousand. The soft print put notable pressure on the Australian dollar.
🔵Mexico approved tariffs of up to 50 percent on imports from China and several other Asian countries. The move could affect trade relations and may set the stage for future negotiations with the United States.
🔵Oracle shares dropped sharply as ongoing concerns over AI-related spending and profitability weighed on sentiment. Combined with renewed dollar strength and selling in equity futures, this contributed to broader market declines.
📈
Crypto_whales