#U On September 5th, Beijing time, data released by the U.S. Bureau of Labor Statistics showed that non-farm payrolls in the U.S. increased by 22,000 in August, significantly lower than the market estimate of an increase of 75,000 and the previous value of an increase of 73,000; the unemployment rate in the U.S. for August was 4.3%, in line with estimates of 4.3% and up from the previous value of 4.2%, marking the highest unemployment rate in nearly four years.
After the employment data was released, U.S. short-term interest rate futures surged, with traders betting that the Federal Reserve will cut interest rates further. What else is there to worry about? Just do it, you know what I mean.
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#U On September 5th, Beijing time, data released by the U.S. Bureau of Labor Statistics showed that non-farm payrolls in the U.S. increased by 22,000 in August, significantly lower than the market estimate of an increase of 75,000 and the previous value of an increase of 73,000; the unemployment rate in the U.S. for August was 4.3%, in line with estimates of 4.3% and up from the previous value of 4.2%, marking the highest unemployment rate in nearly four years.
After the employment data was released, U.S. short-term interest rate futures surged, with traders betting that the Federal Reserve will cut interest rates further. What else is there to worry about? Just do it, you know what I mean.