The Zhitong Finance App learned that the US employment data for July was unexpectedly weak, further weakening market expectations for the Federal Reserve's recent interest rate hike, and the US dollar weakened on Friday. According to the data, the number of non-farm payrolls in the US unexpectedly declined in July, and the employment data for the previous two months was also drastically revised, causing investors to re-evaluate the prospects of the Federal Reserve's monetary policy.

Zhitongcaijing · 3d ago
The Zhitong Finance App learned that the US employment data for July was unexpectedly weak, further weakening market expectations for the Federal Reserve's recent interest rate hike, and the US dollar weakened on Friday. According to the data, the number of non-farm payrolls in the US unexpectedly declined in July, and the employment data for the previous two months was also drastically revised, causing investors to re-evaluate the prospects of the Federal Reserve's monetary policy.