Real Vision: Finance & Investing US Jobs Miss, Weak Global PMIs, Oil Slides Below $60, and Crypto Stays Under Pressure: PALvatar Market Recap, December 16 2025
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Dec 16, 2025 The podcast delves into recent U.S. labor data showing job growth slowing and rising unemployment, reflecting a cooling job market. Retail sales also disappointed, signaling softer consumer demand. Global equities are slipping following weak Eurozone PMIs, particularly in Germany. Oil prices dropped below $60 amid oversupply concerns tied to potential peace in Ukraine. In the crypto space, Bitcoin and ETH face pressure, while XRP's ETFs see significant growth despite market challenges.
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US Labor Market Cooling Signals
- US labor data show clear cooling with only 64,000 jobs added and rising unemployment to 4.6% in the delayed November report. Revisions and an October loss of 105,000 underline a softer US labor market.
Global PMIs Show Uneven Growth
- Global PMIs softened, with Eurozone composite PMI at a three-month low of 51.9 and Germany's manufacturing at 47.7. Japan's manufacturing contracted for a sixth month even as services and employment showed some resilience.
Oil Slides On Peace Optimism
- Oil prices plunged to six-month lows as traders priced in potential Ukraine-Russia peace optimism against an already oversupplied market. Brent briefly traded below $60, risking a pandemic-era close if it holds.