The latest US non-farm payroll report just came out, and the numbers are quite impressive—employment increased by 256,000, surpassing market expectations of 180,000. This is the most remarkable performance in nearly 9 months. The unemployment rate continues to stay low, with the healthcare, dining, and leisure service industries leading the job growth.



The market immediately reacted. The US dollar index surged, US Treasury yields climbed accordingly, and there was some pullback in the stock index futures during trading. Gold also took a short-term hit. The logic behind this is quite clear—the strong employment data directly dampened the market’s enthusiasm for a Federal Reserve rate cut. Previously, everyone was considering when the rate cut might start, but now it seems the window has been pushed further back.

The pricing outlook for global assets has also shaken. Next, the US inflation data will be released, along with comments from Federal Reserve officials, which will become the market’s focus. Cryptocurrency traders should keep a close eye on these macro changes, as they directly influence the flow of risk assets.
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ContractHuntervip
· 5h ago
Rate cut dreams shattered, the dollar is about to take off again... Wait, is it really serious that gold is being hammered so hard? 256,000 jobs data is really tough, and the market reacts so quickly. The rate cut window has been pushed back, so the coin prices will have to wait a bit longer. Federal Reserve officials are probably starting to talk tough, gotta keep an eye on it. Strong employment = delayed rate cuts, a simple and crude logic. Risk assets will shake for a while, this rhythm is a bit uncomfortable. The dollar appreciates, gold declines, the traditional combo is fighting again. With such strong non-farm payrolls, if inflation data doesn’t cooperate, it’s game over. Waiting for the Fed to speak, this is the real moment to pull the trigger.
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BoredApeResistancevip
· 5h ago
256,000? The interest rate cut dream is shattered, and we still have to keep going.
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DoomCanistervip
· 5h ago
Here comes the short squeeze again, gold's drop is really intense No more rate cuts, we still have to hold on The Fed's move is truly exceptional, they were shouting about rate cuts every day before, now there's no hope In the short term, the coin price will definitely continue to be suppressed by the US dollar index, it's tough Healthcare and catering are rapidly absorbing employment, there's interesting economics behind it The US bond yields surged this wave, fixed income assets are about to be revalued again When macro data is released, risk assets suffer, it's time to balance the long and short positions The dollar is so strong, it's no wonder the US stock market can't hold up I've already said that strong employment = delayed rate cuts, now do you believe it?
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Degen4Breakfastvip
· 5h ago
Rate cut dreams shattered, the dollar is acting up again, and gold has been hammered badly. Wow, 256,000 jobs created directly broke expectations, now the Fed has even less reason to cut rates. U.S. Treasury yields soaring, my short positions got wiped out, losing heavily. This non-farm payroll report was too fierce, the crypto market is about to be beaten down by macro factors, gotta keep a close eye on the Fed's stance. I should have known not to go short, this employment data is indeed a bit aggressive. No more rate cut hopes, the service sector is holding up so well, the Fed sitting and waiting is just wishful thinking. Gold is also unlucky; with the dollar's strength, it was hammered immediately. This week's market is truly bizarre.
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ServantOfSatoshivip
· 5h ago
The interest rate cut dream is shattered; the dollar is about to take a hit.
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