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Non-farm data, not a single good news!
The unemployment rate is below expectations and lower than the previous value.
Non-farm employment exceeded expectations and is higher than the previous value.
Annual and monthly wage growth surpassed expectations, which may impact CPI.
The labor force participation rate also exceeded expectations and is higher than the previous value.
U.S. employment has not continued to worsen, and wages are slightly above expectations.
Recession and rate cuts are further away from us...
Only the Consumer Confidence Index for January is declining. As for the US data, we dare not comment.