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?
The market ushered in the "debut" of the new year for non-farmers, and after the Federal Reserve turned hawkish, how much impact will the employment data have on the expectation of interest rate cuts? Will it "pull the frame" for gold, which is tied with long and short power? (including US stock scenario analysis) > >
The "small non-farmers" in the United States in December did not meet expectations, and gold returned to the 2660 mark! The British market has resumed a 22-year "crash" wide-scale sell-off, and Trump is considering declaring a national economic emergency. What major events happened in the world last night and this morning?
On January 8, the number of ADP jobs in the United States recorded 122,000 in December, missing the 140,000 expected by the market and hitting the lowest level since August 2024.
Non-farm boots landing, the US job market continues to cool; Powell assists "100,000 dollar historical market", how much space is there for follow-up imagination? Oil prices continue to decouple from inventories, the market ignores OPEC + to give positive, and the two major market blind spots have not reached a consensus. Should crude oil bulls continue to insist? Click to get weekly macro analysis > >
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.
The U.S. added 227,000 jobs in November, bouncing back sharply after being dragged down by hurricanes and the Boeing strike. The Bureau of Labor Statistics released more non-farm payrolls than economists had widely predicted 200,000. The figure was a big jump from the 12,000 initially recorded in October, which has now also been revised up to 36,000. The unemployment rate rose to 4.2 percent. Market participants expect November's data to outperform the underlying trend due to a poor performance ...
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%.