Canada adds 87,800 jobs in May, unemployment drops to 6.6% as rate cut hopes fade

The shift of liquidity from the Fed's facility to risk assets may increase market volatility and influence investment strategies. The post Federal Reserve’s reverse repo facility drops to $761M as liquidity drains toward risk assets appeared first on Crypto Briefing.

Robust job growth and stable unemployment may deter rate cuts, potentially impacting investment strategies and crypto market dynamics. The post American economy adds 172,000 jobs in May as unemployment holds at 4.3% appeared first on Crypto Briefing.

Gold's decline highlights the impact of strong economic data on interest rates, affecting investment strategies and currency valuations globally. The post Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets appeared first on Crypto Briefing.

Prolonged uncertainty in USMCA negotiations could disrupt supply chains, impact tariffs, and affect cross-border trade and investment stability. The post US, Mexico and Canada to miss July USMCA deadline, raising trade tensions appeared first on Crypto Briefing.

The unexpected job surge may lead to tighter monetary policy, strengthening the Canadian dollar and impacting risk assets and crypto markets. The post Canada adds 87,800 jobs in May as unemployment rate drops to 6.6% appeared first on Crypto Briefing.

Robust job growth reduces urgency for Fed rate cuts, influencing market expectations and potentially stabilizing economic policy outlook. The post US jobs beat expectations, easing Fed rate cut pressure appeared first on Crypto Briefing.

The AI stock sell-off signals potential volatility in tech markets, impacting global equities and influencing investment strategies amid rising yields. The post S&P 500 streak at risk as AI trade takes another leg lower appeared first on Crypto Briefing.

Stronger job growth may prompt the Fed to maintain or increase rates, impacting risk assets and delaying potential monetary easing. The post US government anticipates slower, steady job growth in May appeared first on Crypto Briefing.