WS #11274
June nonfarm payrolls added only 57,000 jobs vs. 110,000 expected, reducing rate-hike fears and driving a rally in rate-sensitive sectors, while the dollar strengthened.
Macro: Weak Jobs Data & Fed Policy Expectations
June nonfarm payrolls added only 57,000 jobs vs. 110,000 expected, reducing rate-hike fears and driving a rally in rate-sensitive sectors, while the dollar strengthened.