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Before the market on Friday (4), investors were waiting for the main employment report for November to assess the pace of recovery in the labor market amid the intensification of the epidemic. US stocks rose before the market.
1. US stocks rose before the market, investors await the release of the non-farm employment report.
Dow Jones Index futures rose about 110 points before the market opened on Friday, while S&P 500 futures and Nasdaq 100 futures were up slightly between 0.3% and 0.4%.
Due to the increase in new cases of COVID-19, the United States put in place new epidemic prevention restrictions in November. Analysts predict that the rise in jobs in November could slow. The agency expects 440,000 jobs to be added, up from 638,000 in October. The rate will drop from 6.9% to 6.7%.
The Labor Ministry released data on Thursday that the latest weekly unemployment benefits hit the lowest point since the epidemic. The number of people receiving unemployment benefits at the beginning of last week was 712,000, up from 787,000 a week ago.
2. Biden said taking office will require everyone to wear masks for 100 days.
United States President-elect Biden said on Thursday (3) that he will require all Americans to wear masks within 100 days of taking office. In addition, he issued an order for federal buildings and public transportation in the state to wear masks or cover their faces with cloth.
Biden also said he had spoken with Anthony Fauci and asked the latter to continue to serve as the government’s top infectious disease expert.
Biden said he will order the wearing of a mask “where the federal government has power.” He also stated that he would ask all Americans to wear masks for the first 100 days of his administration. “Not forever, just 100 days,” he said. “I think this will greatly reduce” infections.
3. The US Department of Justice intends to allow Meng Wanzhou to return to China if he pleads guilty.
The media cited people familiar with the matter who reported that the US Department of Justice and Huawei are discussing a deal that will allow Huawei’s CFO Meng Wanzhou to return to China from Canada, but only if He admits to having committed irregularities in criminal cases. Meng Wanzhou was arrested in Vancouver two years ago and has been under residential surveillance ever since.
The report says Meng Wanzhou has so far refused to accept the US proposal because he firmly believes that he has done nothing wrong.
Meng Wanzhou’s arrest has always been key to the continuing escalation of tensions between China and the United States. In addition to legal proceedings, the United States has also lobbied its allies to ban the use of Huawei network equipment on grounds of security threats.
4. France warns: if the Brexit agreement does not suit its interests, it will be rejected
Clement Beaune, the French minister for European Affairs, said in an interview that there is still a risk that the UK and the EU will not be able to reach a Brexit trade deal. He warned that once a deal is detrimental to France, France has the right to veto it.
A senior British official said EU negotiators raised new demands at the last minute due to the warning from France, which also lowered optimistic expectations that the two sides will reach a deal.
The chief negotiator of the EU, Michel Barnier, prepares to return to Brussels on Friday 4. Diplomats said the outline of the agreement could emerge on Saturday. But British officials believe the current situation is unlikely to make a breakthrough.
5. The US Department of Defense included SMIC and CNOOC on the defense blacklist.
On Thursday (3) the US government formally included the Chinese chipmaker SMIC and the oil giant China National Offshore Oil (CNOOC) on the defense blacklist. This measure may lead to the loss of President-elect Joe Biden (Joe Biden). ) Tensions with Beijing escalated before taking office.
The US Department of Defense (DOD) included SMIC, CNOOC, China Construction Technology Co., Ltd. (China Construction Technology) and China International Engineering Consulting Corporation (CIECC) on the defense blacklist on property grounds or control of the Chinese People’s Liberation Army.
As a result, the number of Chinese companies currently blacklisted has reached 35.
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