US job data 🇺🇸: Strong hiring, and a rise in the unemployment rate
Jobs added: 119 thousand jobs in September (compared to 50 thousand jobs expected)
Unemployment: 4.4%
Report delay: 6 weeks due to government shutdown
Federal Reserve outlook: Still not expected to cut interest rates in December
📊 Market reaction:
Bitcoin price stabilized at 91,900 USD
Nasdaq futures rose by 1.9%
Yields and the US dollar remained mostly stable
🔮 Summary:
The labor market remains strong but is slowing down. Markets are now focusing more on tech company earnings and interest rate forecasts than on this delayed report.
Please follow up
BTC
90,150.1
-1.43%
