Fragmented economic data 📊 non-farm payrolls fall short of expectations! Increase the probability of a rate cut in September! At present, although American employers are creating jobs, they have reduced hiring, and companies have suspended their expansion plans in response to economic uncertainty, resulting in a slowdown in job growth! Who 🤥 is lying? High stock prices, high interest rates, high inflation, high economic growth, high asset pricing! Just like a person with high blood sugar, high blood lipids, and high blood pressure, but is defined by the market as a health indicator? !
Rocky
Rocky1.8. klo 11.37
The US dollar index has successfully climbed above 100! However, the strength of US economic data, coupled with Powell's hawkish remarks, has made the probability of a rate cut in September fall again and again. At present, #polymarket data shows that the probability of a 25 basis point rate cut in September has dropped from 56% to 34%, and the probability of not cutting interest rates has risen from 38% to 63%, with mixed pros and cons! 🧐
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