nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
GLOBAL STOCK INDEX SINKS WITH DOLLAR, BOND YIELDS AFTER WEAK US JOBS DATA

https://media.zenfs.com/en/reuters-finance.com/80207364f602fe64a65ae0be57c37354
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✍️  The global equities index fell sharply after weaker-than-expected US jobs data, fueling economic worries and boosting bets for September interest rate cuts.
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👉 MSCI's global equities index fell 12.23 points, or 1.32%, to 917.39
👉 US jobs data showed 73,000 nonfarm payrolls added in June, below expectations
👉 Federal Reserve Governor Adriana Kugler announced her resignation
👉 Investors are betting on an 87.5% probability for a September rate cut
👉 US Treasury yields plunged on the jobs data and increased bets for September rate cuts

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#ErikaL.McEntarfer #AdrianaKugler #DonaldTrump #JoeBiden #LukeTilley #JuanPerez #PeterTuz #NewYork #London #Washington #Mexico #Canada #India #Taiwan #Thailand #SouthKorea #business
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