Markets turn risk-averse to start December
The post Markets turn risk-averse to start December appeared on BitcoinEthereumNews.com.
Here is what you need to know on Monday, December 1: Financial markets adopt a cautious stance to start the week and the month of December, with US stock index futures falling between 0.5% and 1% in the European morning on Monday. In the second half of the day, the US economic calendar will feature the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) report for November. In the Asian session, the data from China showed that the RatingDog Manufacturing PMI fell into the contraction territory at 49.9 in November from 50.6 in October. This reading came in below the market expectation of 50.5. After rising nearly 1.5% in the previous week, AUD/USD edges lower on Monday and trades in negative territory below 0.6550. The US Dollar (USD) Index lost more than 0.7% last week as dovish comments from Federal Reserve (Fed) officials fed into expectations of a 25 basis points (bps) rate cut in December. Fed Chair Jerome Powell will participate in a panel discussion on George Shultz and his economic policy contributions but he is expected to talk about monetary policy because the Fed is within its blackout period ahead of the meeting on December 9-10. The USD Index holds steady at around 99.50 to start the European session on Monday. US Dollar Price Last 7 Days The table below shows the percentage change of US Dollar (USD) against listed major currencies last 7 days. US Dollar was the weakest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.67% -0.86% -0.59% -0.81% -1.28% -2.01% -0.48% EUR 0.67% -0.20% 0.09% -0.14% -0.63% -1.35% 0.19% GBP 0.86% 0.20% 0.29% 0.06% -0.43% -1.15% 0.39% JPY 0.59% -0.09% -0.29% -0.22% -0.75% -1.57% 0.11% CAD 0.81% 0.14% -0.06% 0.22% -0.48% -1.21% 0.32% AUD 1.28% 0.63%…
Filed under: News - @ December 1, 2025 7:23 am