14:30 - Employment Costs Index - Q3 2025
- Cost Index QoQ: 0,8% (Expected 0,9%; Previous 0,9%)
- Employment Wages QoQ: 0,8% (Previous: 1%)
Costs of employment grew less than expected in 3rd quarter. Decrease of dynamic from 0,9% to 0,8%. It maintains a long trend of steadily decreasing dynamic of cost of labor growth in US, which started in mid 2022.
This data is yet another indicator that the labor market in US might already be tighter than most think, although not severely so.
Labor market pressure will support FOMC members striving for faster/deeper rate cuts, although data reading surprise was minimal; therefore, market reaction remains alike.
EURUSD (M1)
Source: xStation5
Morning Wrap: Indices soften after recent rebound, gold drops below 4000 USD (01.07.2026)
Daily Summary - End of Oil Gains and a Brilliant Quarter for Wall Street (30.06.2026)
📋Commodity Summary for Half-Year and Quarter: Main Losers and Winners
⬆️US100 rises 1.6% at end of Q2