Group 1 - The April non-farm payroll report in the U.S. shows a mixed labor market picture, with 177,000 jobs added, exceeding the expected 130,000, but with a downward revision of 58,000 jobs in the previous two months [1] - The unemployment rate remains steady at 4.2%, while the annual wage growth is at 3.8%, which is below expectations [1] - The healthcare (+64,000), transportation and warehousing (+29,000), and financial activities (+15,000) sectors are the main contributors to job growth, while manufacturing continues to lose jobs [1] Group 2 - Average hourly earnings increased by 0.2% month-over-month, which is below the expected 0.3%, but the year-over-year growth of 3.8% outpaces the current inflation rate of 3.5%, indicating real income growth [2] - The Federal Reserve is expected to maintain interest rates in May, but traders have adjusted expectations for four rate cuts within the year [2] - The labor force participation rate slightly increased to 62.6%, with the participation rate for the core working age group (25-54 years) reaching a seven-month high, indicating more potential workers returning to the market [2]
BCR聚焦国际金融热点： 非农震荡波冲击市场：黄金美元美债同步异动
Sou Hu Cai Jing·2025-05-08 05:07