Ultima Markets[Market Hotspot] Employment Data with Various Flavors, Market Expectations Rising...

Mixed Employment Data

Last Friday, the US Department of Labor (1day) According to the published employment report,8 Monthly employment increase18.7 10000 people, higher than expected17 Ten thousand people, but at the same time, the unemployment rate has rebounded and salary growth has cooled down. The unemployment rate has increased to 3.8%, compared to 7 Of3.5%Significant increase, for 2022 year 2 The highest since the beginning of the month.

8 Monthly average hourly wage growth rate 0.2%Previously 7 Monthly growth 0.4%； U.S.A 8 Monthly average hourly wage rate increase 4.3%Previously 7 Monthly rise 4.4%. The report further indicates that the employment in the film and freight industries has decreased in total 54,000 This mainly reflects the strike in the entertainment industry and the closure of a major airline.

(US treasury bond yield,Investing.com)

Market Expects Interest Rate Increase to Rest Temporarily

After the market digested the data, the interest rate of US treasury bond bonds fell, and S&P 500 indexfuturesExpanding gains, the US dollar weakened. Interest rate traders believe that the Federal Reserve will9 The probability of maintaining interest rates unchanged on a monthly basis is greater than90%The cooling of the labor market has provided support for speculation that the Federal Reserve has completed raising interest rates.

Although the inflation rate in the United States has increased from 2022 year 6 The peak of the month has significantly decreased, but Federal Reserve officials have stated that the recovery of economic activity and accelerated wage growth may hinder the return of inflation rates 2% The target level.

(9Yuezhi Commercial OfficeFedWatchtool)

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.Ultima MarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.