Global Market Update: PCE Inflation, PMI Data, ADP Jobs & GDP Highlights (06 Dec 2025)

📊 GLOBAL MARKET UPDATE – December 2025

Here’s a breakdown of the latest economic data shaping the markets:

🇺🇸 PCE Inflation
* Headline PCE: 0.3% MoM, 2.8% YoY
* Core PCE: 0.2% MoM, 2.8% YoY
Inflation is cooling slightly, but remains above the Fed’s 2% target.

🇺🇸 Manufacturing PMI – Still Contracting
* PMI dropped to 48.2
* Weak new orders and deeper employment declines
* Production improved, prices rose, but overall demand stayed soft

🇺🇸 Services PMI – Expanding
* ISM Services PMI rose to 52.6
* Stronger business activity + steady new orders
* Employment still contracting, but backlogs and delivery times improved

🇬🇧 Bank of England Update
BoE Governor signaled that UK banks are strong enough for eased capital requirements, encouraging more lending.
He also warned about risks from AI valuations, private credit, and leveraged gilt-repo markets.

🇦🇺 Australia GDP (Q3 2025)
* GDP grew 0.4% QoQ (2.1% YoY)
* Driven by private investment & household spending
* Net trade and inventories dragged on growth
* Household saving ratio up to 6.4%

🇺🇸 ADP Employment
Private sector shed 32,000 jobs in November.
Annual pay growth: 4.4% YoY
Small businesses led the decline amid cautious consumer spending.

🇺🇸 Consumer Sentiment
Sentiment improved slightly in early December.
* Year-ahead inflation expectations: 4.1% (lowest since Jan 2025)
* Long-run expectations: 3.2%
High prices still keep overall sentiment subdued.

🟢 Watch the full breakdown to understand how this data may influence global markets, interest rates, and upcoming trading opportunities.