Traded Value
Likes ReceivedBig positive! The latest US non-farm payrolls data came in significantly below expectations!
The US just released its June employment data. Market expectations were 110,000, but the actual number was only 50,000.
Furthermore, the non-farm payrolls for April and May were also revised down by a combined 74,000. The US job market is cooling down!
After the data was released, the probability of a rate hike decreased. This is good news for the market. We can also see the entire market surging straight up.
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