The United States exceeded expectations in July, Fed sharply hike expectation of interest rate hike heated up rapidly, market sentiment was set, European US stock bonds both plunged , spot gold fell more than 1%, US dollar index rose in the short term.
[The following market is updated at 21:30]
US stocks opened lower collectively, Nasdaq fell 1.3%, Dow fell 0.7%, and S&P 500 fell 1.03%. Nvidia fell nearly 2%, while Google and Apple fell more than 1%. Tesla fell nearly 2%, and the company's shareholders' meeting passed the plan of 1-3 stock split. Travel company Lyft rose by more than 5%, and the company's revenue in the second quarter hit a record high.
USD/JPY breaks through the 135 mark, with an intraday increase of 1.5%.
[The following market is updated at 21:10]
yield curve is flattening sharply, and the inversion of the 2/10-year US bond yield curve is currently in its worst period since August 2000. The 5/30-year U.S. Treasury yield curve flattened 7.5 basis points during the session.
Spot silver html fell more than 3% in the day to $19.57 per ounce.
[The following market is updated at 20:50]
spot gold plunged, and the decline has now expanded to 1.2%.
[The following market is updated at 20:35]
US stock futures fell in the short term, while Nasdaq futures fell nearly 1%.
European stocks have widened their decline, the European Stoke 50 index fell 0.6%, and the UK FTSE 100 index fell 0.3%.
USD index rose nearly 60 points in the short term and is now at 106.47.
US Treasury fell, 2-year yields jumped 16 basis points, and 5-year, 10-year and 30-year U.S. Treasury yields rose in the short term.
swap market shows that the possibility of the Fed hike rate 75 basis points in September is higher than the 50 basis points increase.
CME Fed Watch tool shows that the probability of the Fed raising interest rates by 75 basis points in September rose to 70%, a figure of about 40% before the non-farm report was released.
[The following market is updated at 19:10]
While waiting for the release of the US July non-agricultural report, market sentiment has changed from "cloud" to "yin".
European stocks fell slightly, the European Stoke 50 index fell 0.34%, German DAX index fell 0.1%, and the stock market trends in the UK, Italy and Spain were relatively sluggish.
The three major stock index futures trends have slightly differentiated, Dow futures rose 0.07%, Nasdaq futures fell 0.2%, and S&P 500 futures fell 0.08%.
International oil prices turned down, international benchmark Brent crude oil fell 0.28%, and U.S. oil fell 0.35%.
European and US bond markets fell, while the yields of 10-year treasury bonds in the United States, Germany and the United Kingdom all rose slightly.
USD index fluctuates higher, with an increase of 0.16%.
market will look for clues of the recession from tonight's non-farm report.
Most economists expect non-farm employment to increase by 250,000 in July, a sharp drop from 372,000 in June, setting a record low since January 2021; the unemployment rate remained flat at 3.6%, maintaining the lowest level in 50 years; the average hourly wage increased by 4.9% year-on-year, slightly lower than the previous value of 5.1%.
On Thursday, Cleveland Fed Chairman Mester let the hawk out, saying the Fed should raise the benchmark rate to 4% to hit inflation and reduce the inflation rate to its target of 2%.
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