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Market Focus Returns to Data After U.S.-Iran Easing and Warsh Downplays Forward Guidance

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2026-07-02 03:55:19
Easing tensions between the United States and Iran have temporarily pushed energy-shock concerns into the background, while remarks by Fed Governor Kevin Warsh that downplayed forward guidance have shifted market attention back toward economic data.

According to Jin10, the key focus for the June nonfarm payrolls report is not whether employment continued to rise, but whether any increase was driven by genuine underlying demand or by short-term distortions.
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