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This Morning’s Risk Vibe is Related to Looser Chinese Covid-rules

Started by PocketOption, Dec 05, 2022, 12:43 pm

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PocketOption

This Morning's Risk Vibe is Related to Looser Chinese Covid-rules

Market The reaction to Friday's strong payrolls report is telling. Net job growth beat consensus at 263k with average hourly earnings growth accelerating to 0.6% M/M and 5.1% Y/Y. The unemployment rate stabilized at 3.7%, though a lower participation rate helped. The payrolls confirm the still red hot US labour market and seemed to serve […]


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