1.Focus Headline: Market Impact and the Fed
💥 US Jobs Data: Why NFP Is the Heartbeat of the Markets
Summary:
The monthly Nonfarm Payrolls (NFP) and Unemployment Rate are critical for global markets.
🔹 Fed Influence: Strong data ➡️ increases the likelihood of the Fed raising/holding rates high. Weak data ➡️ boosts rate cut expectations.
🔹 Watch Closely: Don't just track the job numbers; monitor Average Hourly Earnings! Wage growth signals the future direction of inflation.
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