News list for " payroll"
On February 20, Ho Kai Xin, a former Bybit payroll executive who was accused of stealing $4.20 million in public funds, refused to comply with a court order and spent nearly $840,000 on a freehold penthouse and Louis Vuitton luxury goods after the court ruling. The 32-year-old woman was sentenced to six weeks in prison for contempt of court on January 27 for violating a high court order. Previously, it was reported that in July 2023, crypto trading platform Bybit sued the company for internal su...
February 7 news, the United States in January quarter after the non-farm employment recorded 143,000, significantly lower than the market expectations of the 170,000 level, the lowest since October last year.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve. With the inflation outlook more favorable, a rate cut in March remains more likely.
After the non-farm payroll data was released, Goldman Sachs now expects the Federal Reserve to cut interest rates by a total of 50 basis points this year, compared with the previous forecast of 75 basis points.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve.
Following the non-farm payroll data, Goldman Sachs now expects the Fed to cut interest rates by a total of 50 basis points this year, compared with a previous forecast of 75 basis points. Goldman Sachs expects the Fed to cut interest rates by 25 basis points each at its June and December policy meetings.
Non-farm data is coming! Will the market push the Fed's interest rate cut expectations to the other extreme? Gold may have two plays tonight! The Bank of Japan has begun to test the market's tone?
U.S. nonfarm payrolls rose by 227,000 after the November quarter, the largest increase since March 2024.
After the non-agricultural data was released, the dollar index DXY fell 25 points in the short term and is now trading at 105.57.
After the non-agricultural data was released, spot gold rose by $7 in the short term, and the latest report was 2639.48 US dollars/ounce.
After the release of the US non-farm payrolls data, traders now see an 85% chance of the Federal Reserve cutting interest rates in December, compared with 67% before the release of the jobs report.
According to CME "Fed Watch", before the non-farm payroll data was released, the probability of the Federal Reserve cutting interest rates by 25 basis points in December was 72.1%, and the probability of cutting interest rates by 50 basis points was 27.9%.
On November 1st, strikes and hurricanes affected this month's non-farm payrolls data, with job growth unexpectedly falling and the unemployment rate unchanged. While the Federal Reserve may attribute today's weak data in part to one-off factors, the weakness in today's data suggests that the Fed will continue its easing cycle at next week's meeting. The data is worrying, and the likelihood of a 25 basis point rate cut in November has increased.
The residual heat of non-agricultural data continues to push up US bond yields. What will happen to the CPI data this week? These sub-items may usher in major changes... > >
Mr. Summers, the former Treasury secretary, said that while the August non-farm payrolls report was not particularly bad, it did make it harder to predict how much the Federal Reserve might cut interest rates this month. "The data, while not showing very significant weakness, certainly won't give you a sense of relief if you're concerned about recent statistical trends," Mr. Summers said in an interview.
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