The US employment data has been released, adding 130,000 new jobs. The expectation was around 65-75 thousand. The unemployment rate also dropped to 4.3%. This was a positive surprise, significantly above the December forecast of 50,000 new jobs. The overall market impact can be summarized as follows: - US stocks → Positive reaction, futures turned green, S&P/Dow slightly upward, generally negative overall. - Dollar → Strengthening, USD index rising. - Bond yields → Slight increase, recovery in 10-year yields. - Gold → Under pressure, gold that was rising earlier is retreating. - Fed rate cut expectations → Slightly decreasing, strong data = less chance of rate cuts. Interest Rates, Crypto, Silver, Nasdaq, Employment
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The US employment data has been released, adding 130,000 new jobs. The expectation was around 65-75 thousand. The unemployment rate also dropped to 4.3%. This was a positive surprise, significantly above the December forecast of 50,000 new jobs.
The overall market impact can be summarized as follows:
- US stocks → Positive reaction, futures turned green, S&P/Dow slightly upward, generally negative overall.
- Dollar → Strengthening, USD index rising.
- Bond yields → Slight increase, recovery in 10-year yields.
- Gold → Under pressure, gold that was rising earlier is retreating.
- Fed rate cut expectations → Slightly decreasing, strong data = less chance of rate cuts.
Interest Rates, Crypto, Silver, Nasdaq, Employment