Markets News

U.S. August "Small Nonfarm" Falls Short of Expectations, Fed's "Third-in-Command" Softens Stance!

· The US "small non-farm payrolls" for August recorded 54,000 people, lower than the expected 65,000 people, with the previous value revised upward from 104,000 to 106,000. Last week's initial jobless claims unexpectedly increased to 237,000, the highest level since June. This news is negative for the US dollar and US stocks. · The Federal Reserve stated that the U.S. Department of Justice has launched a criminal investigation into Cook regarding the mortgage incident. This news is negative for the U.S. dollar. · Trump signed an executive order to formally implement the U.S.-Japan trade agreement, imposing a 15% tariff on almost all Japanese goods. This news is bullish for the U.S. dollar.

Harvey

2025-09-05 08:48:40

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