🐉 US Jobs Blow Past Forecasts, December Hike Back on the Table
👉 October payrolls jump 165K, far above the 65K expected
👉 September revised up to 60K from 29K, August up to 186K, a combined 84K upward revision
👉 Unemployment falls to 4.1% from 4.2%, beating the 4.2% forecast
👉 Average hourly earnings rise 0.4% month on month, above the 0.3% expected, and 3.1% year on year
👉 BTC slips from around $76,000 at the release to near $75,600 after, as strong jobs data puts a December Fed hike back in play
#BinanceSquare #NFP #Bitcoin #Macro #Crypto
Hot jobs data, hawkish repricing, crypto stays under pressure.
👉 October payrolls jump 165K, far above the 65K expected
👉 September revised up to 60K from 29K, August up to 186K, a combined 84K upward revision
👉 Unemployment falls to 4.1% from 4.2%, beating the 4.2% forecast
👉 Average hourly earnings rise 0.4% month on month, above the 0.3% expected, and 3.1% year on year
👉 BTC slips from around $76,000 at the release to near $75,600 after, as strong jobs data puts a December Fed hike back in play
#BinanceSquare #NFP #Bitcoin #Macro #Crypto
Hot jobs data, hawkish repricing, crypto stays under pressure.