Upcoming NonFarm Payrolls revision could shake up crypto market more than any recent economic report
Next week, the U.S. non-farm payroll data for July 2024 is anticipated to be revised by the Bureau of Labor Statistics , which could have a revolutionary effect on the cryptocurrency.
However, more aggressive rate cuts earlier than anticipated could result from a weaker-than-expected job market.Shiba Inu Is Sleeping: When Will It Wake Up? Solana on Reversal Support, Is Bitcoin Finally Safe on $60,000?As investors reassess their plans, this change in expectations may cause a sell-off in risky assets like stocks and cryptocurrencies. This might cause volatility in cryptocurrencies like Bitcoin to rise.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US JOLTS job openings seen slightly lower in JuneThe Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS).
Read more »
US: A troubling jobs report as unemployment rate unexpectedly jumped to 4.3% in JulThe latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Fri (2 Aug) possibly marked a turn in the sentiment for the US labor market.
Read more »
Job seekers are sour on the cooling labor marketConfidence among job seekers is at a two-year low. While the labor market remains strong, there may be trouble if it continues to cool, economists said.
Read more »
Gender-sensitive job titles may affect women's interest in job adsA new study suggests that the use of gender-sensitive language in the title of job advertisements may influence the level of interest demonstrated by female potential applicants.
Read more »
Why 'Ghost Jobs' Are a Bad Idea For Companies, According to ExpertsEmployers are sleuthing job seekers with fake job adverts.
Read more »
Consumer Price Index growth set to ease in July as Federal Reserve mulls rate cutsThe Bureau of Labor Statistics (BLS) will publish the highly anticipated Consumer Price Index (CPI) inflation data from the United States (US) for July on Wednesday at 12:30 GMT.
Read more »