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
3 markets to watch next week: US100, GOLD, EURUSD (05.06.2026)
Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength
Silver slumps 7% 📉 Precious metals under selling pressure
BREAKING 🚨 Nasdaq tumbles 2.4%, Bitcoin tests key $60K support