payroll

According to official social media news, Huobi HTX will hold a themed live broadcast today at 20:00 titled "Non-Farm Payrolls Surprise Ignites Rate Cut Trading: Which Will Break Through First Among U.S. Stocks, Gold, and BTC?" At that time, crypto KOLs such as Pump Pump Superman, Xiao Zhi, 77, and Grace will be invited to attend, discussing the unexpected changes in non-farm data, the rising expectations for rate cuts in the market, and the interlinked trends of the three major assets: U.S. stocks, gold, and BTC. They will analyze market trading opportunities and potential risks under changes in macro liquidity.

Wintermute released a market update indicating that the U.S. non-farm payrolls unexpectedly decreased by 23,000 in July, significantly weaker than market expectations, leading to a drop in September rate hike expectations from 55% to 40%, and driving a broad rebound in risk assets.Gold led the gains, with the Nasdaq, S&P 500, Bitcoin, and altcoins generally rising, while Brent crude oil fell by 6.85%.

U.S. July seasonally adjusted non-farm payrolls decreased by 23,000, expected 80,000, previous value revised from 57,000 to 20,000.

Bitget CFD Chief Analyst Lewis Huang pointed out in a live broadcast that this week's market focus has shifted from tech stock earnings reports back to U.S. employment data and Fed policy expectations.The key to this non-farm report is not just the number of new jobs added, but whether the unemployment rate, average hourly wage, and previous values' revisions collectively indicate a "orderly cooling" or "significant slowdown" in the labor market.Lewis Huang stated that if non-farm employment and wage data are both stronger than expected, the market will lower short-term rate cut bets, U.S. Treasury yields and the dollar are expected to strengthen, while gold and high-valuation tech stocks will face pressure; conversely, if employment, wages, and previous values' revisions all weaken, the market will raise expectations for Fed easing, and gold and non-U.S. currencies may receive support.He advised CFD traders to avoid chasing orders in the first minute after data is released, and to focus on observing whether the U.S. two-year Treasury yield, the dollar index, and gold form a synchronized confirmation, and to wait for a pullback opportunity after a key price level breakout. The current trading focus is not simply betting on the data's highs and lows, but rather judging how the non-farm report will change the market's pricing of the Fed's policy path.

According to Jinshi reports, multiple important economic data and events will be released this week. On Monday, China's July Manufacturing PMI and the U.S. June Construction Spending Month-on-Month will be announced; on Tuesday, attention will be on the U.S. June Trade Balance and JOLTs Job Openings; on Wednesday, the U.S. ADP Employment Change and ISM Non-Manufacturing PMI will be released; on Thursday, Switzerland's unemployment rate and the U.S. Initial Jobless Claims will attract attention; on Friday, key data including the U.S. July Unemployment Rate and Non-Farm Payrolls will be announced. In addition, SpaceX's financial report will be released after the U.S. stock market closes on Tuesday.

According to BBX data, yesterday global listed companies disclosed the latest real announcements regarding adjustments in cryptocurrency assets and business payment applications, with the following core dynamics:Hyperscale Data monetizes 100 BTC to build an AI data center: U.S. listed company Hyperscale Data, Inc. (NYSE American: $GPUS) announced the sale of 100 bitcoins to fund the construction of its AI data center located in Michigan. The company's CEO William Horne stated that this move is "converting one balance sheet asset into another," and clarified that the company's underlying belief in bitcoin has not changed.Quantum Solutions sells 1,000 ETH to inject into AIDC business: Japanese listed company Quantum Solutions announced that it sold 1,000 ETH through its merged subsidiary GPT Pals Studio Limited (GPT) for $1.9 million (approximately 311 million yen). The proceeds from the sale will be fully invested in the expansion of artificial intelligence infrastructure (AIDC) and data center business.Vida Global seamlessly accesses bitcoin payroll through the Lightning Network: U.S. listed company Vida Global (NYSE American: $VIDA) announced the adoption of Voltage Credit to pay its global team members in bitcoin via the Lightning Network. This mechanism utilizes a revolving credit line to instantly issue bitcoin and repays the balance in U.S. dollars at the end of each month, similar to processing standard vendor invoices, allowing the company to establish a cryptocurrency payroll settlement channel without directly holding a bitcoin wallet or reflecting cryptocurrency assets on its balance sheet.

According to Jinshi, the seasonally adjusted non-farm payrolls in the United States increased by 57,000 in June, lower than the market expectation of 110,000, and the previous value was revised from 172,000 to 129,000.

According to Jinshi, "Fed mouthpiece" Nick Timiraos stated that the hiring activity has accelerated again this spring, providing more basis for Federal Reserve officials who are concerned about inflation and believe that the current interest rate level is too low. He pointed out that this employment report will not completely resolve the debate over raising interest rates later this year, but it does indicate that the rationale for cutting rates in the short term has basically disappeared.

According to Jinshi reports, the market is currently pricing in a Federal Reserve interest rate hike in January next year, with the expected timing before the non-farm data release being March next year.

According to Gate market data, after the release of non-farm data, S&P 500 and Nasdaq 100 futures extended their decline.

According to Gate market data, the non-farm payroll data far exceeded market expectations, and the dollar index DXY rose 15 points in the short term, currently reported at 99.36.

According to Jinshi News, Florian Ielpo from Lombard Odier Investment Managers in Switzerland believes that this is a rather "perfect" employment report. The data is stronger than expected, but not so strong as to indicate overheating, and it does not directly reflect inflationary pressures. The market's reaction has been relatively mild; in the medium term, this report is quite favorable for risk assets, especially against the backdrop of investors remaining vigilant about potential inflation risks.