WS #11357
US nonfarm payrolls rose only 57,000 in June, well below the 110,000 consensus, reducing the probability of a September Fed rate hike and boosting gold and bonds.
Weak US jobs data and Fed rate hike expectations
US nonfarm payrolls rose only 57,000 in June, well below the 110,000 consensus, reducing the probability of a September Fed rate hike and boosting gold and bonds.