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The U.S. August non-farm payroll report is expected to confirm that the labor market is "losing momentum" and to solidify the case for a Federal Reserve rate cut in September. However, even more striking is the upcoming revised report next week...
Is the U.S. labor market sounding a full "alarm"? The latest non-farm payroll data has once again fallen short of expectations, and most concerning is that the June employment data has been revised to show "negative growth"...
Real revenue flows to holders, and the next step is to conduct buybacks more intelligently while maintaining transparency.
The BRC2.0 led by Domo has launched. Can native Bitcoin assets become popular again?
The US non-farm payroll report will have a significant impact on the bitcoin market. The market expects that weak data may accelerate a Fed rate cut, while strong data could trigger a pullback. Bitcoin is at the top area of the halving cycle, with a double-top pattern in the technical analysis and a key support level at $112,000. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still in an iterative update stage.
- 13:04The yield on the US 2-year Treasury note fell by 10 basis points intraday, dropping to 3.48%.Jinse Finance reported that the yield on the US 2-year Treasury bond fell by 10 basis points during the day, dropping to 3.48%.
- 12:58Analyst: Even if inflation worsens, expectations for a Fed rate cut in September are unlikely to changeChainCatcher news, according to Golden Ten Data, analyst Chris Anstey stated that before the release of inflation data, the market has fully anticipated that the Federal Reserve will cut interest rates in two weeks. For traders to abandon this expectation, it may require exceptionally strong employment growth data and a high CPI report. Even if the upcoming CPI shows intensified inflation, a rate cut seems to be a foregone conclusion.
- 12:53U.S. nonfarm payroll growth slowed in August, with the unemployment rate rising to its highest level since 2021ChainCatcher news, according to Golden Ten Data, U.S. employment growth in August slowed significantly, with non-farm payrolls increasing by 22,000 and the unemployment rate rising to its highest level since 2021, sparking concerns about a deteriorating labor market. The Bureau of Labor Statistics report showed that employment numbers declined for the first time in June, and July's data was also shocking. In recent months, both job vacancies and wage growth have slowed, putting pressure on economic activity. Traders continue to bet that the Federal Reserve will cut interest rates at the September meeting.