🔥IMPORTANT🔥
TOMORROW WE HAVE A DATA RELEASE THAT WILL MOVE ALL FINANCIAL MARKETS (INCLUDING $BTC Y #CRYPTO)
👉In the current situation, in which bond yields keep rising
👉And in which PCE inflation came in lower than expected and reduced the odds of a rate hike
👉What will likely define what happens with interest rates in October is tomorrow’s JOBS REPORT at 09:30 ARG
How would this impact financial markets and why?
▪️A WEAK jobs report would be positive for financial markets, since it TAKES US AWAY from a rate hike by the FED
▪️It is expected that new jobs outside the agricultural sector will fall from 162K to 89K
▪️That the unemployment rate remains at 4.1%
▪️And that average hourly earnings remain at 0.3%
📍If the jobs report comes STRONGER than expected, financial markets could react to the downside. Including $BTC
TOMORROW WE HAVE A DATA RELEASE THAT WILL MOVE ALL FINANCIAL MARKETS (INCLUDING $BTC Y #CRYPTO)
👉In the current situation, in which bond yields keep rising
👉And in which PCE inflation came in lower than expected and reduced the odds of a rate hike
👉What will likely define what happens with interest rates in October is tomorrow’s JOBS REPORT at 09:30 ARG
How would this impact financial markets and why?
▪️A WEAK jobs report would be positive for financial markets, since it TAKES US AWAY from a rate hike by the FED
▪️It is expected that new jobs outside the agricultural sector will fall from 162K to 89K
▪️That the unemployment rate remains at 4.1%
▪️And that average hourly earnings remain at 0.3%
📍If the jobs report comes STRONGER than expected, financial markets could react to the downside. Including $BTC
