{"id":90380,"date":"2024-09-09T11:39:28","date_gmt":"2024-09-09T08:39:28","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=90380"},"modified":"2026-02-09T12:50:10","modified_gmt":"2026-02-09T10:50:10","slug":"tighter-us-employment-market-weighs-on-us-stock-markets","status":"publish","type":"post","link":"https:\/\/www.smartchinaeducation.com\/pt\/tighter-us-employment-market-weighs-on-us-stock-markets\/","title":{"rendered":"Tighter US employment market weighs on US Stock markets"},"content":{"rendered":"

The US employment market tightened in the past month if compared to July as the NFP figure went up, the unemployment rate ticked down and the average earnings growth rate accelerated slightly. The data at the time of the release tended to weigh on the USD, as the NFP figure did not reach the market\u2019s expectations, yet the greenback was in the greens until the end of Friday. The release tended to weigh particularly on US stock markets and Dow Jones, S&P 500 and Nasdaq uniformly ended their day in the reds. On the one hand, the release may ease the market\u2019s dovishness for the Fed\u2019s September meeting and its characteristic that the possibility for a double rate cut have eased.  On the other hand, the Fed seems to remain dovish, as Fed Board Governor Waller on Friday stated <\/a>that \u201c, I believe the time has come to lower the target range for the federal funds rate at our upcoming meeting\u2026Furthermore, I do not expect this first cut to be the last\u201d. The release of the US CPI rates for August on Wednesday is to be the next big test for the USD and a possible easing of inflationary pressures could weigh on the USD. O the flip side a possible acceleration of the rates could weigh on US stockmarkets.<\/p>\n\n\n\n

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