Stocks in emerging markets extended their recent recovery and posted the strongest gain in a wide-ranging bounce for the major asset classes for the trading week through Friday, Dec. 2, based on a set of ETFs.
Daily Archives: December 5, 2022
Macro Briefing: 5 December 2022
* Stronger-than-expected jobs report keeps pressure on Fed to extend tight policy
* China’s services activity in November declines at steepest level since May
* US manufacturing orders in China have dropped 40 percent
* Eurozone retail sales in October post biggest monthly decline so far in 2022
* OPEC maintains oil-supply cuts as West tightens sanctions on Russian oil
* BP bets big on hydrogen as fuel of the future
* Developing nations facing a debt crisis in coming months
* Global food prices continued falling in November
* No actively run mutual funds consistently beat their benchmark, study finds
* US payrolls beat forecasts and post solid gain for November:
