QCP: Soft Jobs Print Leaves Fed Cuts Off Table
QCP Macro Trends states soft jobs data failed to restore Fed rate cut expectations as buffers thin simultaneously across oil, crypto and credit markets.
SourceAnalysis
QCP reports that even a soft jobs print failed to restore Fed rate cut expectations, with buffers thinning across oil, crypto and credit at once. The relief markets anticipated is absent, echoing past-year patterns where Fed rate decisions impact on crypto oil credit markets correlation proved tighter than expected during soft data periods.
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