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⚡US Macroeconomic Data
🔴Average Hourly Earnings m/m.
• Actual: 0.1%
• Forecast: 0.3%
• Previous: 0.2%
🔴Main Retail Sales m/m.
• Actual: 0.3%
• Forecast: 0.2%
• Previous: 0.3%
🔴Change in Non-Farm Payrolls.
• Actual: 64K
• Forecast: 50K
• Previous: 119K
🔴Retail Sales m/m.
• Actual: 0.0%
• Forecast: 0.2%
• Previous: 0.2%
🔴Unemployment Rate.
• Actual: 4.6%
• Forecast: 4.5%
• Previous: 4.4%
Worse-than-expected wage and unemployment data increase the risk of economic slowdown.
Retail sales are weak, consumer momentum is waning.
For the cryptocurrency market, this is moderately positive as pressure on the Fed regarding interest rates is increasing.
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