- US Nonfarm Payrolls (NFP) grew by just 114K in July, falling short of the market expectation of 175K and significantly below June's downwardly revised growth of 179K (from 206K), according to the US Bureau of Labor Statistics (BLS) report on Friday.
- Additional figures from the report showed that the Unemployment Rate inched up to 4.3% in July from 4.1% in June.
- Concurrently, Average Hourly Earnings' annual wage inflation decreased to 3.6% from 3.8%.
- The weak demand for labor in the US, underscored by these figures, has piled pressure on the USD, increasing expectations that the Fed will start to cut interest rates in September.
- The CME FedWatch Tool now shows that traders predict a 90% chance of a half-point Fed rate cut in September.
風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。
喜歡的話,讚賞支持一下
