- NFP +223k, consensus was +200k
- Unemployment Rate 3.5%, consensus 3.7%, previous 3.6% (revised from 3.7%)
- Annual Wage Growth 4.6%, consensus 5%, prior 4.8 (revised from 5.1%)
Initial reaction sees EURUSD and US100 recovering. NFP was strong but weaker wages can be seen as some sort of a relief. Please remember that post NFP reactions can be volatile and the situation may change, especially after the Wall Street opens in 1 hours’ time.
Iinitial reacion is positive, although very volatile
Economic Calendar: SK Hynix and the Canadian job market are the highlights of the day 💡
Morning wrap🚩 Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)
FOMC Minutes: Hawkish tone confirmed. EURUSD rebounds nonetheless
US500 loses 1% ahead of minutes