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Disappointing NFP Data Fuels Market Optimism Dollar and Yields Tumble

Disappointing NFP Data Fuels Market Optimism Dollar and Yields Tumble
Markets reacted with notable positivity to the latest US. non-farm payroll report, which showed weaker-than-expected growth in jobs, a higher unemployment rate, and subdued wage inflation. Stock futures leaped as the data appeared to assuage investor concerns about further tightening by Fed. In a sharp response, 10-year Treasury yield plunged through 4.55% level, exacerbating the […] The post Disappointing NFP Data Fuels Market Optimism Dollar and Yields Tumble appeared first on Action Forex... Read More
Posted: Nov 3 2023, 12:59
Author Name: actionforex
Views: 112178

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