@alexvrn
US macro data: how will it affect the market?
Unemployment rate – 4.0% (expected 4.1%).
Better than forecast → strong labor market.
Change in the number of employed – 143K (expected 169K).
Below forecast → cooling of the economy.
Average hourly earnings (YoY) – 4.1% (expected 3.8%).
Average hourly earnings (MoM) – 0.5% (expected 0.3%).
Wage growth above forecast → risk of inflationary pressure.
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