đš NFP WATCH â THIS PRINT COULD HIT WAY MORE THAN JUST $BTC.
September payrolls are expected to come in around +90K, down sharply from +162K in August, while unemployment is seen holding near 4.1%. Average hourly earnings are also in focus because wage pressure could change the Fed narrative fast.
Hereâs the setup:
Weak NFP + softer wages
â Fed pressure eases
â Treasury yields can cool
â $XAU, $ETH, $SOL, $QQQ could catch a bid
Hot NFP + sticky wages
â rate-hike risk comes back
â dollar/yields push higher
â $XAU, $ETH, $SOL, $QQQ could get hit
And with the U.S. 10Y still hovering above 5.2%, this jobs report matters more than usual.
The market isnât just trading jobs.
Itâs trading the next Fed move.
NFP is the trigger. Yields are the transmission. Risk assets take the punch.
$ETH $SOL $XAU $QQQ
#nfpwatch #BitcoinRisesToward$85K #AmazonPlansToSell$8BNvidiaChips #NEARFallsToAround$4.70Down14% #EthereumFoundationLaunchesZkAPIOnMainnet
September payrolls are expected to come in around +90K, down sharply from +162K in August, while unemployment is seen holding near 4.1%. Average hourly earnings are also in focus because wage pressure could change the Fed narrative fast.
Hereâs the setup:
Weak NFP + softer wages
â Fed pressure eases
â Treasury yields can cool
â $XAU, $ETH, $SOL, $QQQ could catch a bid
Hot NFP + sticky wages
â rate-hike risk comes back
â dollar/yields push higher
â $XAU, $ETH, $SOL, $QQQ could get hit
And with the U.S. 10Y still hovering above 5.2%, this jobs report matters more than usual.
The market isnât just trading jobs.
Itâs trading the next Fed move.
NFP is the trigger. Yields are the transmission. Risk assets take the punch.
$ETH $SOL $XAU $QQQ
#nfpwatch #BitcoinRisesToward$85K #AmazonPlansToSell$8BNvidiaChips #NEARFallsToAround$4.70Down14% #EthereumFoundationLaunchesZkAPIOnMainnet
