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US nonfarm payrolls rose 162,000 in August against a consensus of 56,000 compiled by Yonhap Infomax, a 106,000 beat that reverses July's 23,000 decline, which had missed forecasts by 103,000, while June and July prints were revised higher. A labor market this firm trims the case for near-term Fed easing, and the repricing channel runs through higher UST yields and a stronger dollar, pressuring long-duration NASDAQ names and high-beta crypto such as BTC and ETH, with USD/KRW skewed upward. The offset is that resilient hiring supports earnings and consumer demand, so watch the unemployment rate, average hourly earnings and the next CPI print to judge whether this is a rate-path shock or a growth-positive signal.
As a Macro signal, watch whether it changes price action, volatility, or flows around BTC, IXIC, ETH.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
Influencer Threads
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