avatar
· Views 845
🚨 Breaking: US Jobs Shock Markets The latest US Non-Farm Payrolls report delivered a major downside surprise, raising fresh concerns about the strength of the US economy. 📉 Payrolls (Feb): -92K vs +60K expected 📊 Unemployment Rate: 4.4% (up from 4.3%) 💰 Average Hourly Earnings: +3.8% YoY (slightly above expectations) 🛍 Retail Sales: -0.2% MoM Private payrolls dropped -86K, while manufacturing employment also declined sharply. The weak jobs data increases speculation that the Federal Reserve may cut interest rates earlier than previously expected. 📉 Futures markets now lean toward rate cuts starting in September, sooner than earlier projections. 📊 Market reaction: The Nasdaq (US100) moved lower immediately after the release The US dollar remains relatively firm as traders reassess Fed policy timing Volatility may increase further when US equity markets open ⚠️ A rare mix of slowing job growth and still-elevated wage pressures is reviving stagflation concerns among some investors. 📈 Trade global markets with NordFX: https://my.nordfx.com/en/regis...

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest