Tonight 20:30 U.S. July Nonfarm Payrolls and the unemployment rate are coming in hot—previous value: 57,000 jobs; market expectations: 80,000!
Goldman Sachs warns: July Nonfarm Payrolls often has seasonal characteristics that come in below expectations. The unemployment rate may look steady, but the labor force participation rate has fallen to a new low since 2021, hiding employment concerns.
Briefly outlined three scenarios:
If the released figure is far above 80,000 → employment resilience is strong, reinforcing expectations of the Federal Reserve keeping interest rates high; the U.S. dollar strengthens and BTC faces downward pressure.
If the released figure falls within 5
#美国初请失业金人数维持20万以下 #东证拟设重大业务变更再审查制度
Goldman Sachs warns: July Nonfarm Payrolls often has seasonal characteristics that come in below expectations. The unemployment rate may look steady, but the labor force participation rate has fallen to a new low since 2021, hiding employment concerns.
Briefly outlined three scenarios:
If the released figure is far above 80,000 → employment resilience is strong, reinforcing expectations of the Federal Reserve keeping interest rates high; the U.S. dollar strengthens and BTC faces downward pressure.
If the released figure falls within 5
#美国初请失业金人数维持20万以下 #东证拟设重大业务变更再审查制度