US Labor Market Data Indicates a Slow Cooling of the US Economy - Brent oil Below $60 - DAX Loses Gains Made at the Beginning of the Week - Defense Stocks Under Pressure due to Ukraine's Forgoing NATO Membership - PayPal Applies for a Banking License in the US - High Interest in Agentic Commerce Solutions from Rezolve AI

Labor market shows restrained dynamics - decline in October mainly due to job cuts in federal service The US labor market data for November signals a slow but not dramatic cooling of the economy. Nonfarm payrolls increased by 64,000, after a decline of 105,000 was recorded in October. The unemployment rate slightly climbed to 4.6%, the highest level since 2021. Notably : The decline in October was primarily due to job reductions in federal service and not due to a weakness in the economy. Analysts emphasize that the data are unlikely to move...