Today's NFP report has the potential to reshape expectations for the Federal Reserve's September meeting. With markets currently assigning roughly even odds of another rate hike, any significant surprise, either stronger or weaker than expected, could trigger sharp moves across stocks, bonds, currencies and commodities. Investors should also pay close attention to wage growth and the unemployment rate, as these figures will help determine whether inflationary pressures in the labour market are easing or remain persistent.
A weaker report would suggest the labour market is cooling, reducing pressure on the Fed to tighten policy further.
This could:
- Lower expectations for another rate hike.
- Support the recent rally in US equities.
- Weaken the US dollar.
- Boost interest-rate-sensitive assets such as gold.
- Ease Treasury yields.
Join Kathleen and find out what it means for the markets.
NFP much below expectations! 🚨EURUSD spikes 📈
Investment in Emaar Stock: A Complete Guide to Investing in Emaar
Dollar and Nasdaq facing a key test
NFP Live with Kathleen
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
