‼️ALERT | U.S. PAYROLL COMES IN WELL BELOW EXPECTATIONS
🇺🇸 JOB CREATION: +29k | Forecast: +90k
🇺🇸 UNEMPLOYMENT: 4.2% | Forecast: 4.1%
🇺🇸 WAGES: +0.1% m/m | Forecast: +0.3%
The data reduces pressure on the Fed for further rate hikes and tends to favor risk-taking.
FIRST READING: POSITIVE FOR CRYPTO.
🇺🇸 JOB CREATION: +29k | Forecast: +90k
🇺🇸 UNEMPLOYMENT: 4.2% | Forecast: 4.1%
🇺🇸 WAGES: +0.1% m/m | Forecast: +0.3%
The data reduces pressure on the Fed for further rate hikes and tends to favor risk-taking.
FIRST READING: POSITIVE FOR CRYPTO.