How does Wall Street view the August non-farm payrolls? Strong employment figures have not ended the suspense over a September rate hike; next week's CPI holds "decisive significance."

The U.S. non-farm payrolls report for August was surprisingly strong, prompting the market to reassess the likelihood of a Federal Reserve rate hike in September. However, Wall Street does not believe this resolves the policy uncertainty. According to analysts at multiple institutions, while the robust employment data has indeed strengthened the hand of the hawkish camp within the Fed, it is insufficient on its own to determine the outcome of the September monetary policy meeting. The CPI data scheduled for release next week remains the key factor likely to "set the direction." On Friday, the U.S. Bureau of Labor Statistics reported that non-farm payrolls increased by 162,000 in August, far exceeding the market expectation of 56,000. Additionally, job gains for the previous two months were revised upward by a combined 55,000, with July's figure being adjusted from a decrease of 23,000.

wallstreetcn03:45

Non-farm payrolls surge! U.S. job growth in August added 162,000 positions, far exceeding expectations, sharply raising the probability of a September rate hike, with next week's CPI data set to be pivotal.

According to data released by the U.S. Bureau of Labor Statistics on Friday, nonfarm payrolls increased by 162,000 in August, significantly exceeding the Bloomberg survey median expectation of 55,000 and surpassing estimates from all analysts surveyed. Additionally, data for the previous two months were revised upward, with the July figure (-23,000) being adjusted to a positive value.

wallstreetcnSep 4 21:12

Express News | Bitdeer maintained a zero Bitcoin position, selling 282 BTC this week.

On September 5, Nasdaq-listed Bitcoin miner Bitdeer posted on X that its Bitcoin mining output for the week ending September 4 was 282 BTC. During the same period, it sold 282 BTC, resulting in a net increase of 0 BTC and maintaining its current zero Bitcoin holdings.

Breakings13:39

For Many Individual Traders, Prediction Markets Are Hot-and Crypto Is Not -- WSJ

By Vicky Ge Huang and Krystal Hur First, the AI trade stole bitcoin's thunder. Now, the cryptosphere is losing some of its most-loyal traders to bets on soccer matches and congressional elections.

WSJ10:00

Accumulating 8,300 BTC, U.S. Firm Targets Global Dominance

American Bitcoin reserves have increased to 8,300 BTC, with a gross margin approaching 50%. Eric Trump has called for U.S. leadership in the Bitcoin economy, while the company, through efficient mining operations and its partnership with Hut 8, is committed to long-term infrastructure development rather than short-term stock price performance.

Zhitong Finance08:58

September's Dual Data Release: Waller Hints That PCE Revisions May Lower Inflation Expectations

Bitcoin faces a dual test from the FOMC meeting on September 16 and the BEA data revision on September 30. Waller estimates that the new algorithm may lower the PCE, but policy decisions will still depend on August CPI and employment data. Markets should remain vigilant against volatility driven by expectation gaps.

Zhitong Finance08:55