Dollar Index Tops 8-Year High on Jobs

The video discusses key economic updates: the US added 321,000 jobs in November, surpassing forecasts and boosting the dollar index to an eight-year high. In contrast, Japan's economy contracted by nearly 2% in Q3, with the Yen weakening against the dollar. Meanwhile, China is expected to report a significant trade surplus for November, although growth in exports and imports may slow compared to October.

What was the number of new jobs added in the US in November, and how did it compare to forecasts?

• 400,000 new jobs, far exceeding forecasts

• 150,000 new jobs, below forecasts

• 200,000 new jobs, meeting forecasts

• 321,000 new jobs, exceeding forecasts by 100,000

What is the significance of the dollar index reaching its highest level?

• It indicates a strong US economy

• It reflects a declining US economy

• It shows a weak US economy

• It suggests a stable US economy

How did Japan's economy perform in the third quarter?

• It grew by 1%

• It remained stable

• It contracted by nearly 2%

• It expanded by 2%

What was the expected trade surplus for China in November?

• $44 billion

• $30 billion

• $50 billion

• $40 billion

How did the growth in China's exports and imports in November compare to October?

• It increased significantly

• It decreased drastically

• It remained the same

• It tapered off slightly