Rates Spark: Global Markets Brace For U.S. Payrolls
Source: SeekingAlpha
2025-06-06 03:30:00 ET
Markets are bracing for a weak US payrolls number
Friday is all about the US payroll numbers, which consensus expects to fall from 177k to 125k, thereby already positioning for a cooling jobs market. The whisper number on Bloomberg turned more pessimistic after this week’s data, with only 111k expected. US rate dynamics are more complex than in the eurozone, with different forces acting in opposing directions. Apart from growth worries, there are also inflation and fiscal pressures to consider....
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Rates Spark: Global Markets Brace For U.S. Payrolls
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