Unexpectedly strong NFP

Announced at 21:30 on 2024/6/7NFP (non-farm payers)Number) (month-on-month)Results against 165,000 people in the previous month272,000 peopleIt was.

What is the US exchange rateInterest rate cutsExpectations are growing. Economic indicators showing a booming economy became negative material against interest rate cutsStock depreciationIt's a factor.

It shows the strength of the same employment that was announced earlierNumber of JOLTS job offersYaNumber of ADP employeesIt exceeded market expectations just because it was getting worseNFPStock prices have declined due to the effects.

NFPIf you take a look at what's inside

health care:+68,000 people

Government employment:+43,000 people

LEISURE HOSPITALITY:+42,000 people

Science and technology services:+32,000 people

Health care fieldis driving employment.

The United States announced at the same timeunemployment rateThe result is 3.9% of the previous month4.0%It was.

unemployment rateAn increase in interest rates became a source of interest rate cutsStock heightIt's a factor.

What is the rise in the unemployment rate and the increase in employmentdivergencehas occurred.

Unemployment rate and NFP'sResearch methodSince they are different, such discrepancies can occur.

Overall, employment is weakening,Specific fieldsEmployment alone is strong, and it can be said that the sector is driving the whole.

In response to this announcementUS 10-year bond yieldhas skyrocketed.

What is the rise in long-term interest ratesStock depreciationIt's a factor.

What is the market paying attention to considering that the stock price index hasn't fallen that farCPII can say that.

FRBWhat is closely watching is prices, and what are representative indicators that indicate thisCPIwithPCEIt is.

CPIThe announcement will be made on 6/12 at 21:30