WS #13628
July nonfarm payrolls fell 23K vs +80K expected, with downward revisions, flipping September Fed hike odds to a hold and triggering a Treasury rally, weaker dollar, and gold surge.
US Labor Market Contraction and Fed Policy Shift
July nonfarm payrolls fell 23K vs +80K expected, with downward revisions, flipping September Fed hike odds to a hold and triggering a Treasury rally, weaker dollar, and gold surge.