Risk-On Positions Undermined by 1M U.S. Jobs Revision: Crypto Daybook Americas ЁЯМО
10 рд▓рд╛рдЦ рдЕрдореЗрд░рд┐рдХреА рдиреМрдХрд░рд┐рдпреЛрдВ рдореЗрдВ рд╕рдВрд╢реЛрдзрди рд╕реЗ рдЬреЛрдЦрд┐рдо-рдЧреНрд░рд╕реНрдд рд╕реНрдерд┐рддрд┐рдпрд╛рдБ рдХрдордЬрд╝реЛрд░ рд╣реБрдИрдВ: рдХреНрд░рд┐рдкреНрдЯреЛ рдбреЗрдмреБрдХ рдЕрдореЗрд░рд┐рдХрд╛
On Tuesday, the U.S. Bureau of Labor Statistics disclosed a startling figure: The economy created nearly 1 million fewer jobs than reported in the year ended March. The record revision calls into question earlier optimism about the strength of the labor market, casting doubt on all risk-on positions traders took in the past year or so.
Markets interpreted the downward revisions as another sign the Fed will introduce aggressive easing in the coming months. One popular Polymarket trader is betting that the Fed will cut rates by 50 basis points on Sept. 17.
$BNB
#ETHWhaleWatch #BNBBreaksATH
10 рд▓рд╛рдЦ рдЕрдореЗрд░рд┐рдХреА рдиреМрдХрд░рд┐рдпреЛрдВ рдореЗрдВ рд╕рдВрд╢реЛрдзрди рд╕реЗ рдЬреЛрдЦрд┐рдо-рдЧреНрд░рд╕реНрдд рд╕реНрдерд┐рддрд┐рдпрд╛рдБ рдХрдордЬрд╝реЛрд░ рд╣реБрдИрдВ: рдХреНрд░рд┐рдкреНрдЯреЛ рдбреЗрдмреБрдХ рдЕрдореЗрд░рд┐рдХрд╛
On Tuesday, the U.S. Bureau of Labor Statistics disclosed a startling figure: The economy created nearly 1 million fewer jobs than reported in the year ended March. The record revision calls into question earlier optimism about the strength of the labor market, casting doubt on all risk-on positions traders took in the past year or so.
Markets interpreted the downward revisions as another sign the Fed will introduce aggressive easing in the coming months. One popular Polymarket trader is betting that the Fed will cut rates by 50 basis points on Sept. 17.
$BNB
#ETHWhaleWatch #BNBBreaksATH