Carsem Group US employment data down to raise interest rates in December to become the focus of

Carsem group: U.S. employment data down to raise interest rates in December to become the focus of the client to view the latest quotes the American economy in September nonfarm employment 156 thousand people, less than the expected 17-17.5 million increase in employment. The unemployment rate also slightly worse than expected, is expected to be 4.9% to 5%. Hourly wage is still scheduled to maintain 0.2% growth. In addition to the overall data is disappointing, August employment growth of 15.1 from the previous value of the repair to a certain extent, become a bright spot in the report of 16.7. Although Fed officials, Cleveland Fed President Loretta Mester announced on Friday that the report employment shortly after the performance of "strong", but there is no doubt that the September data is less than the market expected, the Fed is expected to raise interest rates or soon so frustrated. Although the employment data is disappointing, but the market for the fed to raise interest rates in December assessment has not been seriously affected. In fact, according to the federal funds futures implied probability, the possibility of interest rate hike in December and even slightly higher than the previous rise from about 60% to about 70%. After all, there were two important jobs reports before the Fed meeting in December and a host of other key economic data to digest. However, less than expected non farm performance on Friday is likely to further increase in November has little probability of exclusion, employment data released after the federal funds futures implied probability from 15% to about 10%, or even lower level, especially in the November meeting six days after the US presidential election is one of the key risk events. If the employment data can significantly better than expected, even if the election is around the corner, the possibility of interest rate hike in November will be significantly increased. In view of data loss degree is not serious, the market reaction after the release of the non-agricultural or some dull uneven in quality. Dollar fell on schedule, the stock market and the price of gold plummeted since the beginning of the Fed’s interest rate hike almost immediately fell to zero and a modest boost. But with the market to digest the data, the focus shifted to raise interest rates in December the probability of warming, the market has changed. Therefore, Friday morning, the dollar began to stabilize, taking short gold rose, stock market fell again. Some Fed members will speak on Friday after the release of nonfarm employment data, although less than expected, such as when the wording of hawkish tendencies, in December the possibility of raising the interest rate will rise further in this context, the gold and the stock market is still under pressure, the dollar continued to be supported. Sina’s statement: posted this article for more information to pass, does not mean that agree with their views or confirm the description. This article is for reference only and does not constitute investment advice. Investors operate accordingly, the risk of their own.相关的主题文章: