Once the US government shutdown ends, heavy data such as non-farm payrolls and CPI will "spew out", destined to bring a "bloody storm"! Traders have started hedging... Click to view...
February 7 news, the United States in January quarter after the non-farm employment recorded 143,000, significantly lower than the market expectations of the 170,000 level, the lowest since October last year.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve. With the inflation outlook more favorable, a rate cut in March remains more likely.
After the non-farm payroll data was released, Goldman Sachs now expects the Federal Reserve to cut interest rates by a total of 50 basis points this year, compared with the previous forecast of 75 basis points.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve.
Following the non-farm payroll data, Goldman Sachs now expects the Fed to cut interest rates by a total of 50 basis points this year, compared with a previous forecast of 75 basis points. Goldman Sachs expects the Fed to cut interest rates by 25 basis points each at its June and December policy meetings.
Non-farm data is coming! Will the market push the Fed's interest rate cut expectations to the other extreme? Gold may have two plays tonight! The Bank of Japan has begun to test the market's tone?
U.S. nonfarm payrolls rose by 227,000 after the November quarter, the largest increase since March 2024.
After the non-agricultural data was released, the dollar index DXY fell 25 points in the short term and is now trading at 105.57.
After the non-agricultural data was released, spot gold rose by $7 in the short term, and the latest report was 2639.48 US dollars/ounce.