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
USDE HodlerYield: Hold USDE, Earn Up to 9% APR!
New spot margin trading pair — SANTOS/USDT!
[Initial Listing] TCOM Global (TCOM) will be listed in Bitget Innovation Zone
Bitget Trading Club Championship (Phase 4)—Grab a share of 50,000 BGB, up to 500 BGB per user!
Trending news
MoreCrypto prices
More








