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  • 12:41
    US job growth beats expectations in March
    April 4 (Reuters) - The U.S. economy added far more jobs than expected in March, but Trump's tariff policies could test the resilience of the labour market in the coming months amid falling business confidence and a stock market sell-off. Non-farm payrolls added 228,000 jobs in March. The unemployment rate rose to 4.2 per cent from 4.1 per cent in February. Economists expect the impact of reciprocal tariffs could show up in April's jobs report. Retail employment is most likely to fall as consumers hunker down amid rising prices. Financial markets expect the Federal Reserve to resume cutting interest rates by June after pausing its policy easing cycle in January.
  • 12:40
    US credit risk indicators narrowed after the non-farm payrolls report
    US credit risk indicators narrowed after the non-farm payrolls report.
  • 12:38
    The probability that the Federal Reserve will leave interest rates unchanged in May before the non-farm payrolls release is 60.1%.
    According to Golden Ten data, before the release of non-farm payrolls, according to the CME ‘Fed Watch’ the probability that the Fed will keep interest rates unchanged in May is 60.1%, the probability of a 25 basis point cut in interest rates is 39.9%. The probability that the Fed will keep interest rates unchanged in June is 0, the probability of a cumulative interest rate cut of 25 basis points is 53.2%, and the probability of a cumulative interest rate cut of 50 basis points is 42.2%.
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