investingLive Asia-pacific market news wrap: Big miss in the Australian jobs report

Investinglive
2025.12.11 05:04
portai
I'm PortAI, I can summarize articles.

Australia's employment fell by 21.3K in November, missing expectations. Mexico imposed tariffs up to 50% on Asian imports. UK house prices survey was better than expected. New Zealand's manufacturing sales rose. Japan's business survey index improved. RBC forecasts gold to average $4,600 in 2026. Oracle shares fell 10% amid AI spending concerns. Gold and US yields dropped, while WTI crude remained flat. AUD fell after a weak jobs report, influenced by risk aversion and post-Fed trade unwinding. Mexico's tariffs may lead to US negotiations to replace Chinese goods.