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US consumer sentiment unexpectedly jumped in November!
The University of Michigan's preliminary sentiment index rose to 51.0, up from 48.0 in October — beating economists' forecast of 48.0.
Current conditions: 51.0 (from 46.7)
Expectations: 50.9 (from 48.8)
1-year inflation expectations eased to 4.3% from 4.7%
Consumers are feeling a little more upbeat about their finances and the economy, though sentiment is still near historically low levels. The survey was conducted Oct 20 – Nov 2, before the midterm results.
#USConsumer #Economy #Inflation #MichiganSentiment #FinanceNews #Zimbuck169 Weergaven -
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🚨 BREAKING: US jobs SMASH expectations!
America added 165,000 jobs in October — nearly triple the 65,000 economists expected. Unemployment fell to 4.1%, and the last two months were revised up by 84,000 jobs.
The red-hot report keeps a December Fed rate hike firmly on the table — markets now price 70% odds. Nasdaq futures bounced 1.4% after Thursday's brutal sell-off.
📊 165K jobs vs 65K expected
📉 Unemployment: 4.1%
📈 Dec hike odds: 70%
#JobsReport #NFP #USJobs #FederalReserve #StockMarket #Economy #Zimbuck
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com87 Weergaven -
🚨 BREAKING: Markets now price a 78% chance the Fed RAISES rates in December — up from 70% — after a much hotter-than-expected US jobs report.
October payrolls: +165K vs 65K expected • Unemployment 4.1% • 10-year Treasury yield 4.88% • Dollar index 102.18
A strong labor market gives the Fed more room to focus on inflation — traders are repricing fast.
Full story on zimbuck.com
#FederalReserve #Fed #JobsReport #InterestRates #Economy #StockMarket #CryptoNews #Investing1
118 Weergaven -
🚨 BREAKING: The U.S. economy added 165,000 jobs in October — more than 2.5x the 65,000 economists expected — and the unemployment rate fell to 4.1%.
• Payrolls +165,000 in October vs 65,000 forecast (Reuters poll)
• Unemployment 4.1%, down from 4.2%
• September revised up to 60,000 (from 29,000); August to 186,000
• Average hourly earnings +3.1% year over year
• Traders now price ~70% odds of a Fed rate hike in December
• S&P 500 futures edged higher after the report; Nasdaq 100 futures up ~1.4% as tech rebounds from Thursday's rout
Full story on zimbuck.com
#JobsReport #NFP #USEconomy #StockMarket #Fed #Investing #CryptoNews #Zimbuck126 Weergaven -
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