The US labor market is re-pricing interest and shaking up the markets The US jobs report for July recorded weaker-than-expected results, as the economy added only about 73 thousand jobs, with sharply negative revisions to the May and June figures. These data reinforced the likelihood of an interest rate cut in the coming months, which pushed gold to rise as the dollar weakened and bond yields fell. In contrast, global indices experienced a state of volatility due to mounting doubts about the accuracy of official data, coinciding with the state of anticipation in the markets for Donald Trump's recent statements and their possible impact on the future of monetary policy.
