Analyst Anstey quickly reviewed the US non-farm payrolls report and pointed out that the November non-farm payrolls data was slightly higher than expected, with 64,000 records. The unemployment rate unexpectedly rose to 4.6% in November, which may attract the attention of the Federal Reserve. However, the labor participation rate has risen, so the rise in the unemployment rate is not necessarily bad news at all; we still need to take a close look at the specific data. US stock index futures rose, and two-year US bond yields fell — based on weak non-farm payroll data over the past few months, market expectations for the Federal Reserve to further relax monetary policy have heated up. Note that the August and September data were also revised down by a total of 33,000.

Analyst Anstey quickly reviewed the US non-farm payrolls report and pointed out that the November non-farm payrolls data was slightly higher than expected, with 64,000 records. The unemployment rate unexpectedly rose to 4.6% in November, which may attract the attention of the Federal Reserve. However, the labor participation rate has risen, so the rise in the unemployment rate is not necessarily bad news at all; we still need to take a close look at the specific data. US stock index futures rose, and two-year US bond yields fell — based on weak non-farm payroll data over the past few months, market expectations for the Federal Reserve to further relax monetary policy have heated up. Note that the August and September data were also revised down by a total of 33,000.