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January Non-Farm Employment Report Outlook – In-depth Analysis of Market Expectations and Potential Impacts
- February 7, 2025
- Posted by: Macro Global Markets
- Category: News
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The number of non-farm payrolls in the United States increased significantly by 256,000 in December, far exceeding the market expectation of 160,000, and the unemployment rate also dropped from 4.2% to 4.1%, reflecting the continued hot job market. Although this data usually puts pressure on gold prices, gold rebounded quickly after a brief decline, with an increase of more than $30. Considering that December is the peak season for employment and is affected by natural disasters, it is expected that non-farm data will remain strong in the future. After the release of non-farm data, U.S. stocks performed poorly, U.S. bond yields rose, and the market’s expectations for the Fed’s interest rate cut in 2025 weakened. Some analysts even believe that the interest rate hike cycle may be restarted.
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December Non Farm Employment Report Outlook – In-depth Analysis of Market Expectations and Potential Impacts
- January 10, 2025
- Posted by: Macro Global Markets
- Category: News
The United States is about to release a series of key labor market data, among which the December non-farm payrolls report on January 10 is bound to attract much attention . Analysts generally expect that the December non-farm data will no longer be affected by special factors in previous months (such as hurricanes and strikes), and will more accurately reflect the actual situation of the current labor market, and may have an important impact on the Federal Reserve’s monetary policy. At present, the market predicts that the median number of new non-farm payrolls in the United States in December will be 160,000 , a decrease from 227,000 in November, and the unemployment rate is expected to remain at around 4.2%. The year-on-year growth rate of average hourly wages is also expected to remain at 4%.
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