US Non Farm Payroll - As Expected

Alphachain Traders Senior Market Analyst, Pedro Silva, discusses: - US NFP came in above expectations at 187k in August, although data for last couple of months was revised lower by -110k. The unemployment rate edged up to 3.8% from 3.5% in July. - July Core PCE +0.2% MoM, 4.2% YoY as expected. - The 2nd estimate for Q2 2023 GDP was revised lower to 2.1%, softer than the expected and prior 2.4%. - The ISM Manufacturing PMI data rose above expectations to 47.6 - Crude oil is heading for its best week since April as Russia plans to extend export cuts while Saudi Arabia is expected to roll over its 1m b/d cut to October If you enjoyed the video please like and subscribe! https://bit.ly/AC_Subscribe ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ Our Professional Funded Trader Programmes: ▶ Global Trader Programme ✅ https://bit.ly/36tY92S ▶Algorithmic Trader Programme ✅ https://bit.ly/3k9qzm5 ▶ Cryptocurrency Trader Programme ✅ https://bit.ly/3KZuLAk ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ Our Specialised Trader Programmes: ▶Crypto Currency Trader Programme ✅ https://bit.ly/3EoDE49 ▶Forex Trader Programme: ✅ https://bit.ly/37xii8x ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ ➖ Our Other Social Media Sites: ▶Instagram https://instagram.com/alphachain_traders ▶Facebook https://facebook.com/alphachain ▶Twitter https://twitter.com/AlphachainC ▶LinkedIn https://linkedin.com/company/alphachain-traders ▶Telegram https://t.me/alphachaincapital