The US Department of Labor sharply revised down annual nonfarm payroll growth by 911,000 jobs, revealing the labor market was weaker than previously reported and fueling expectations for Fed rate cuts.
#YonhapInfomax #NonfarmPayrolls #USDepartmentOfLabor #LaborMarket #FedRateCuts #EmploymentRevision #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80927
US Nonfarm Annual Employment Halved—Downward Revision of 911,000 Jobs (Comprehensive)

The US Department of Labor sharply revised down annual nonfarm payroll growth by 911,000 jobs, revealing the labor market was weaker than previously reported and fueling expectations for Fed rate cuts.

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The US dollar edged higher as the euro weakened amid French political turmoil, with markets eyeing US employment revisions and bond yields signaling rising risk in France.
#YonhapInfomax #USDollar #Euro #FrenchPoliticalTurmoil #DollarIndex #EmploymentRevision #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80920
US Dollar Rises as French Political Turmoil Weighs on Euro

The US dollar edged higher as the euro weakened amid French political turmoil, with markets eyeing US employment revisions and bond yields signaling rising risk in France.

Yonhap Infomax