Soft non-farm data knocks the October rate hike back to the sidelines, the Nasdaq hits a new intraday high, and BTC pushes up to just below 87,000. Cash isn’t closed out yet.
BLS: September non-farm payrolls +290k; Reuters forecast +900k. Unemployment rate 4.2% (prior 4.1%). Average hourly earnings +0.1% to 37.81; year-over-year +3.0%. Hours 34.4. Participation rate 61.8%. July revised from +210k to -10.0k; August revised from +162k to +133k; two-month total revised down by 60k.
US Eastern about 10:14 Reuters: Dow 51233 +0.60%, S&P 7745 +1.02%, Nasdaq 27319 +1.66%. CNBC about 10:11: S&P about +0.7%, Nasdaq about +1.3%; gains slightly pared back. 10Y around 5.18% (DJ about 5.184%, -5.8bp), 2Y about 4.73%, 30Y about 5.57%. October rate hike: Reuters about 20% (prior 26%); CME keeps the rate at about 86%. Different framings, same direction.
Oil: Brent breaks below 100, around 99.5 (-2.7%); discussions about releasing from European strategic reserves; Hormuz remains unresolved. NVDA sets a new intraday high +2.5%, SOX +3.1%, SPCX +5.5%, TSLA +4.1%. NKE Greater China -22% to around/-26% (fixed), full-year revenue growth/slump in the high single digits; during the day about -5.6%.
BTC: After-the-data CoinDesk about 86,600; intraday high about 86,885–86,913; Reuters +3.4%. Thursday spot ETF net inflows about 103 million; IBIT about +196 million, FBTC about -61 million; Wednesday outflows 148.7 million. Key levels: support 85,800–86,200; supply 86,900–89,000. 10Y 5.15–5.20 is the discount rate.
Can 86,000 hold through the weekend? Leave a bid/quote in the comments.
#Binance #BTC #Crypto #市场分析 #US Stocks
Not investment advice; trading involves risk.
BLS: September non-farm payrolls +290k; Reuters forecast +900k. Unemployment rate 4.2% (prior 4.1%). Average hourly earnings +0.1% to 37.81; year-over-year +3.0%. Hours 34.4. Participation rate 61.8%. July revised from +210k to -10.0k; August revised from +162k to +133k; two-month total revised down by 60k.
US Eastern about 10:14 Reuters: Dow 51233 +0.60%, S&P 7745 +1.02%, Nasdaq 27319 +1.66%. CNBC about 10:11: S&P about +0.7%, Nasdaq about +1.3%; gains slightly pared back. 10Y around 5.18% (DJ about 5.184%, -5.8bp), 2Y about 4.73%, 30Y about 5.57%. October rate hike: Reuters about 20% (prior 26%); CME keeps the rate at about 86%. Different framings, same direction.
Oil: Brent breaks below 100, around 99.5 (-2.7%); discussions about releasing from European strategic reserves; Hormuz remains unresolved. NVDA sets a new intraday high +2.5%, SOX +3.1%, SPCX +5.5%, TSLA +4.1%. NKE Greater China -22% to around/-26% (fixed), full-year revenue growth/slump in the high single digits; during the day about -5.6%.
BTC: After-the-data CoinDesk about 86,600; intraday high about 86,885–86,913; Reuters +3.4%. Thursday spot ETF net inflows about 103 million; IBIT about +196 million, FBTC about -61 million; Wednesday outflows 148.7 million. Key levels: support 85,800–86,200; supply 86,900–89,000. 10Y 5.15–5.20 is the discount rate.
Can 86,000 hold through the weekend? Leave a bid/quote in the comments.
#Binance #BTC #Crypto #市场分析 #US Stocks
Not investment advice; trading involves risk.