🇺🇸 The U.S. non-farm payrolls for August were reported at 162K. ⏳ Expectation: 53K 🔙 Previous: -23K The data, significantly above expectations, indicates that the U.S. labor market remains strong. This could weaken expectations of an interest rate cut by the Fed—positive for the dollar and bond yields, but potentially negative for risk assets like Bitcoin and gold in the short term.
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