$The post says U.S. ADP jobs data came in stronger than expected—90K jobs versus a 73K forecast. This could pressure markets because a strong labor market may give the Federal Reserve room to keep interest rates higher for longer.
The author is now focused on Core PCE inflation data. If inflation also comes in hot, markets could see sharp volatility. The main message: avoid rushing into trades, wait for the data and price reaction, and stay cautious during the volatility.
The author is now focused on Core PCE inflation data. If inflation also comes in hot, markets could see sharp volatility. The main message: avoid rushing into trades, wait for the data and price reaction, and stay cautious during the volatility.