Labor Department reports a mere 194,000 jobs versus the 500,000 expected. The unemployment rate drops to 4.8% that may be due to the number dropping out of the work force. ten Year Note Yield climbs to 1.57%. Jeff Cox of CNBC breaks it all out here...
https://www.cnbc.com/2021/10/08/september-jobs-report.html?__source=newsletter%7Cbreakingnews
This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up 372,00 better than expected with the unemployment rate remains at 3.
It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products that lenders and other institutional financial market users wi
The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New Lumber futures and options Launching on August 8* barcharts.com Th