USA UNEMPLOYMENT DATA IS IN! WHAT MIGHT HAPPEN IN THE MARKET!
The U.S. nonfarm payrolls data was released around noon today. Why is this data important? #jobsreportraiseshikeodds
The U.S. nonfarm payrolls data is one of the most important economic indicators influencing the Fed’s interest rate decisions.
This data shows how many new people were hired in the U.S. economy, excluding the agricultural sector. In other words, it helps us understand how strong or weak the U.S. labor market is.
While the expectation was 65K, the actual figure was reported as 165K nearly three times the forecast.
The Dow Jones Index opened in the red, while the Nasdaq is currently in the green due to yesterday’s sharp decline.
There has been no price movement in $BTC , but this trend may continue in the coming