🇺🇸 Non-farm payrolls and the unemployment rate both exceeded expectations, with U.S. macro data landing in a concentrated manner, and the market is rapidly adjusting expectations.
In November, non-farm payrolls and the unemployment rate both exceeded expectations, with the unemployment rate rising to 4.6%, a recent high; seasonally adjusted non-farm employment increased by 64,000, slightly above market expectations, but overall still shows a slowdown in employment momentum. At the same time, October retail sales month-on-month were only 0%, below expectations, indicating fatigue on the consumer side.
📣 After the data was released, the market quickly priced in easing expectations: U.S. stock index futures turned positive, the U.S. dollar index fell below 98, the euro and pound strengthened, and gold rebounded in the short term. CME shows a significant increase in the probability of the Federal Reserve cutting rates in January next year. Overall, employment and consumption are cooling in sync, opening up space for a policy shift. Future inflation data and the Federal Reserve's attitude will be key in determining the continuity of the market trends. Ethereum chain 👉 Little 🌻Milk🌻Dog puppies community is actively being built 🔥 Welcome to the live broadcast room for communication #美国非农数据超预期 $BTC $BNB $ETH
