Tonight 20:30 Non-Farm “big test”! This script is more gripping than a TV series 🍿
Folks, get your little chairs ready! Expected increase of 56,000, unemployment rate at 4.1%, and hourly earnings m/m at 0.3%.
Three possible paths:
📉 Weaker than expected → rate-hike pricing loosens up, and risk assets can finally breathe;
📊 In line with expectations → the market gives a mild smile, and shifts its focus back to inflation;
📈 Strong enough to blow the top → “inflation clings on,” and the probability of a rate hike in September actually becomes even firmer.
The Fed is watching prices more than jobs right now. Only if there are back-to-back negative growth prints or the unemployment rate surges to 4.3% can the script truly be rewritten.
We won’t bet on direction—just wait for the data to land before making a move. In the stormy seas, the person with the steady hand is the most valuable. 🚢⚓ #BTC $BTC
Folks, get your little chairs ready! Expected increase of 56,000, unemployment rate at 4.1%, and hourly earnings m/m at 0.3%.
Three possible paths:
📉 Weaker than expected → rate-hike pricing loosens up, and risk assets can finally breathe;
📊 In line with expectations → the market gives a mild smile, and shifts its focus back to inflation;
📈 Strong enough to blow the top → “inflation clings on,” and the probability of a rate hike in September actually becomes even firmer.
The Fed is watching prices more than jobs right now. Only if there are back-to-back negative growth prints or the unemployment rate surges to 4.3% can the script truly be rewritten.
We won’t bet on direction—just wait for the data to land before making a move. In the stormy seas, the person with the steady hand is the most valuable. 🚢⚓ #BTC $BTC
