Daybreak Weekend: November Jobs, Electric Vehicles, China-EU Relations, Senate Banking Hearing

<p>Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.</p> <p>1) In the US, Economists expect the November unemployment print, due out Dec. 8, to increase to 4% as unemployed <a href="https://www.bloomberg.com/news/articles/2023-11-30/us-continued-jobless-claims-rise-in-sign-of-cooling-labor-market">workers take longer to find new jobs.</a></p> <p>2)  In the UK, <a href="https://www.bloomberg.com/news/articles/2023-11-24/nissan-pledges-2-billion-to-expand-uk-electric-vehicle-hub">we'll get fresh data on the number of new car registrations</a> in the coming days.  The sector has shown some signs of recovery recently, but manufacturers are still battling against a challenging post Brexit environment including painful tariffs on electric vehicles. </p> <p>3) In Asia, The EU has said it does not want to decouple from China but rather, to de-risk parts of the relationship. So with a summit coming up between the two blocs, <a href="https://www.bloomberg.com/news/newsletters/2023-12-01/the-world-risks-sliding-into-a-new-global-war">how might China and the EU navigate their dialogue on improving their trade relationship</a>? </p> <p>4) In Washington, CEOs of the biggest banks on Wall Street, including JPMorgan, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America, <a href="https://www.banking.senate.gov/hearings/11/29/2023/annual-oversight-of-wall-street-firms">expected to testify on regulatory oversight to the Senate banking committee.</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>