The recent reading from the US labor market showed a significant increase compared with market forecasts. The Non Farm Employment Change rise 273k (est. 175k). Average Hourly Earnings rose 3% and Unemployment Rate falls to 3.5%.
The Fed may want to wait for further developments of the current situation, settling with only one interest rate cut in the near future. The better than expected data could initiate an upward move on dollar and gold.
US OPEN: Oil reverses declines despite Trump's assurances, while Wall Street awaits Nvidia's judgment report
Market wrap: Market without direction before PCE
Chart of the Day 🚩 US100 ahead of Nvidia earnings – will semiconductors get hit or get fresh fuel?
Daily Summary: Wall Street catches breath on lower yields and oil; crypto and FX volatility drops (25.08.2026)