Pre Asia open: Earnings season is in the purview but the spotlight is still on this week's March CPI and PPI

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Inflation 뉴스

Macroeconomics,Equities,Centralbanks

Despite a home run headline NFP print, Friday's surge in equities provided some relief, sparing cross-asset investors from experiencing another meltdown thanks to the offset in average hourly earnings, which was in line with expectations.

Markets Despite a home run headline NFP print, Friday's surge in equities provided some relief, sparing cross-asset investors from experiencing another meltdown thanks to the offset in average hourly earnings, which was in line with expectations. Earlier in the week, ADP's pay insights data indicated double-digit wage growth for job-switchers, raising concerns about potential wage-price spiral dynamics for the Fed.

Nonetheless, it's important to note that these types of out-of-the-park reports are not the stuff that rate cuts are made of. In summary, while the Fed has been monitoring signs of slowing labour market demand and rebalancing due to tighter monetary policy, the trend observed so far this year has been a resurgence in job growth. Earning season Earnings season has arrived! Who's ready to dive into the numbers? If you're not exactly jumping for joy, you're not alone.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 14. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인