Coin Bureau|Sep 02, 2026 12:29
U.S. LABOR MARKET WEAKENS: Private payrolls rose by just 38,000 in August, below the 47,000 forecast and down from 46,000 in July, according to ADP.
The weaker data could strengthen the case for a Fed RATE CUT, potentially BULLISH stocks and crypto while weighing on the U.S. dollar and Treasury yields.
Attention now turns to Friday’s jobs report, with nonfarm payrolls expected to rise by 53,000 and unemployment holding at 4.1%.(Coin Bureau)
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