2025-01-08 22:42:24

On Wednesday, the US December ADP employment report, also known as the Mini Non-Farm Payrolls, showed an increase of 122,000 jobs, which is lower than the expected 140,000 and the previous value of 146,000, marking the lowest level since August 2024. The number of initial jobless claims in the US for the week ending January 4th was 201,000, lower than the expected 218,000 and the previous value of 211,000.

On Thursday, the minutes of the Fed meeting stated that participants expressed that the Fed is already at or near the point where it is appropriate to slow down the pace of easing; if data performs as expected, it would be appropriate to continue gradually moving towards a more neutral monetary policy stance.

(Market volatility is high, it is recommended to stay away!!!)

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SmileOften8277

· 2025-01-08 22:42

On Wednesday, the U.S. ADP employment report for December, known as the mini non-farm payroll, showed an increase of 122,000 jobs, lower than the expected 140,000 and lower than the previous 146,000, the lowest level since August 2024. Initial jobless claims in the U.S. for the week ending January 4 were 201,000, lower than the expected 218,000 and lower than the previous 211,000.

On Thursday, the minutes of the Federal Reserve meeting stated: Participants indicated that the Federal Reserve is already at or near the point where it is appropriate to slow down the pace of easing; if data continue to perform as expected, it would be appropriate to gradually move towards a more neutral monetary policy stance.

(Market Fluctuation is large, it is recommended to stay away!!!)

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