Markets News

Trump announces final list of candidates for Fed chairman, US non-farm payroll data far below expectations!

Trump announces final list of candidates for Fed chairman, US non-farm payroll data far below expectations!

· Non-farm payroll growth was significantly lower than expected, with June data revised down to negative, marking the first contraction since 2020; the unemployment rate hit a nearly four-year high. This news is negative for the U.S. dollar and U.S. stocks. · Trump: Preparing to impose second-phase sanctions on Russia. This news is bullish for crude oil. · OPEC+ member countries have agreed to increase oil production by 137,000 barrels per day in October. This news is bearish for crude oil.

TOPONE Markets Analyst
2025-09-08 08:12:50
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