AiCoin|Oct 03, 2026 00:42
[U.S. September Nonfarm Payrolls Increase by 29,000, G7 Plans to Release 100 Million Barrels of Oil and Gas Reserves]
U.S. nonfarm payrolls increased by 29,000 in September, while the unemployment rate rose to 4.2%. Federal Reserve official Logan suggested at least a 50 basis point rate hike. NVIDIA's stock price hit a record high, with its market capitalization approaching $6 trillion, and the Philadelphia Semiconductor Index reached a three-month high. The G7 decided to release 100 million barrels of diesel and crude oil reserves within four months. Russia is considering partially lifting diesel export restrictions, and President Trump stated that a diesel export ban will not be implemented. The Middle East situation has disrupted Iran's expansion plans, and OPEC+ has postponed its oil capacity assessment. (Source: Jin10)
AI Analysis: The significant slowdown in nonfarm payroll growth and the rise in the unemployment rate directly reveal that the U.S. labor market is undergoing substantial cooling. Weak employment data has undermined the momentum of economic expansion, forcing the market to reassess the Federal Reserve's policy trajectory. Although officials' rhetoric leans hawkish, the deterioration of the labor market has become a core factor constraining the room for rate hikes. This data performance will significantly suppress tightening expectations and prompt a flow of funds into safe-haven assets to address the risks of economic slowdown.
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