Market Analysis: Disappointing US employment data will exacerbate market volatility
last week, Trump fired the director of the US Bureau of Labor Statistics on the grounds of "manipulating" data, and since then, the atmosphere of suspicion in the currency market has continued to heat up. Kieran Davies, chief macro strategist at Coolabah Capital, said that further downward revision of US job growth data could further anger Trump. Davies warned that the government has not yet appointed a replacement commissioner, but if the data is actually manipulated or perceived as manipulated by the market (such as ceasing to release some data based on environmental and health statistics), this will increase the volatility of the financial markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PoolX x Bitget Earn SWTCH promotion
New spot margin trading pair — AVNT/USDT!
Crypto Loan Carnival round 24: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 25: Borrow ETH, SOL to enjoy an APR discount of up to 40%
Crypto prices
More








