The focus of the day was on US job data and Greece’s referendum. On the former, details of the June employment report signaled that the Fed would less likely begin to hike rates in September. Non-farm payrolls rose +223K in June, worse than market expectations of a 225K addition and a downwardly revised reading of 254K in May. The unemployment rate fell to 5.3%, the lowest reading since April 2008, from 5.5% previously.
Original post:
US Payroll Report Tamed September Rate Hike Speculations
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