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68FINANCE

US job growth exceeded expectations in August

⚡ Markets: A strong jobs report complicates the Federal Reserve's decision, potentially supporting a more hawkish stance (rate hike or delayed cuts). Bullish for the USD, bearish for bonds and rate-sensitive stocks.USDUS 10Y TreasurySPXNASDAQ

The latest US labor market data showed stronger-than-expected job creation in August, indicating resilience in the economy. This data is a key input for the Federal Reserve's upcoming interest rate decision.

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