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Bonds & Bullion Jump, Dollar Dumps As Rate-Hike Odds Slump After Payrolls Miss
Bonds & Bullion Jump, Dollar Dumps As Rate-Hike Odds Slump After Payrolls Miss As we noted in our preview, today's payrolls print was indeed "bad news is good news" as the surprise five-sigma miss (-23k) on payrolls (albeit with a drop in the unemployment rate) sent rate-hike odds reeling lower... “History doesn’t repeat, but sometimes it rhymes. For the third time in as many years, July jobs data saw a mid-summer loss of momentum. While incoming inflation data will be the ul...
7 Aug, 13:05 — 7 Aug, 13:05
Coverage Timeline
First report: le-figaro · 7 Aug, 13:01|Full coverage: 2 · 4m|Window: 4m
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