On January 8, the number of ADP jobs in the United States recorded 122,000 in December, missing the 140,000 expected by the market and hitting the lowest level since August 2024.
The U.S. added 227,000 jobs in November, bouncing back sharply after being dragged down by hurricanes and the Boeing strike. The Bureau of Labor Statistics released more non-farm payrolls than economists had widely predicted 200,000. The figure was a big jump from the 12,000 initially recorded in October, which has now also been revised up to 36,000. The unemployment rate rose to 4.2 percent. Market participants expect November's data to outperform the underlying trend due to a poor performance ...
The Dow rose 0.46 percent, the S & P 500 rose 0.33 percent and the Nasdaq rose 0.64 percent. Eli Lilly (LLY. N) rose 1 percent after its weight loss drug Zepbound surpassed Novo Nordisk's Wegovy in its first comparative trial. The ISHARES MSCI Korea ETF rose 0.18 percent as the opposition party filed a presidential impeachment case and the defense minister tendered his resignation.
"Small non-farmers" recorded the smallest increase in three years, and gold hit the 2520 mark! Putin said he was ready to negotiate with Ukraine, OPEC + changed his mind! Guotai Junan will merge with Haitong Securities... What major events happened in the world last night and this morning?
The US economy is flashing recession signals! Will non-farmers help the dollar fall across the board? Gold is moving towards its June high, and the bulls may step in here! Bitcoin's decline is just beginning?
On July 3rd, the US ADP employment figures for June will be released at 20:15 tonight, and the Federal Reserve will release meeting notes at 2:00 am the next day. Last night, Powell's speech was slightly dovish and said that the sudden deterioration in employment growth may affect the timing of interest rate cuts. Will small non-farmers send the first warning signal to the Federal Reserve tonight? At that time, the market may fluctuate violently, so investors should pay attention to the relevant...