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VedaCapital
@vedacapital
🇺🇸US macro data: 🗣Unemployment rate (June) FACT: 4.1% FORECAST: 4.0% PREV: 4.0% 🗣Change in the number of people employed in the non-agricultural sector (June) FACT: 206K FORECAST: 191K PREV: 218K 🗣Average hourly wage (compared to the same period last year) (YoY) (June) FACT: 3.9% FORECAST: 3.9% PREV: 4.1% 🗣Average Hourly Wage (MoM) (June) FACT: 0.3% FORECAST: 0.3% PREV: 0.4% Positive news for the crypto market. An increase in the unemployment rate is positive news, indicating a weakening labor market, which is good for further reduction in inflation and lower interest rates. We live 😄
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