Total nonfarm payroll employment increased by 147,000 in June,
and the unemployment rate changed little at 4.1 percent, the U.S.
Bureau of Labor Statistics reported today. Job gains occurred in
state government and health care. Federal government continued to
lose jobs.
Posted by Orangeman on 3rd of Jul 2025 at 09:56 am
How's that vix correlation looking after the jobs drama?
Also - BBB news in the wings - reasonable to assume some kind
of reaction once it is official.
Posted by timebandit on 3rd of Jul 2025 at 10:13 am
In my experience the correlation is not a directional indicator
it is an inflection indicator -- a big move is coming, get ready
for it. Don't want to be premature either. The day is young.
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Jobs Report beat, unemployment dips to 4.1%
Posted by matt on 3rd of Jul 2025 at 08:33 am
Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government continued to lose jobs.
https://www.bls.gov/news.release/pdf/empsit.pdf
ES futures up 18, popped
Posted by matt on 3rd of Jul 2025 at 08:34 am
ES futures up 18, popped on that report, and gold down 20, dropped on that report.
So at this time the weak ADP has not affected the non farm payrolls
How's that vix correlation looking
Posted by Orangeman on 3rd of Jul 2025 at 09:56 am
How's that vix correlation looking after the jobs drama?
Also - BBB news in the wings - reasonable to assume some kind of reaction once it is official.
In my experience the correlation
Posted by timebandit on 3rd of Jul 2025 at 10:13 am
In my experience the correlation is not a directional indicator it is an inflection indicator -- a big move is coming, get ready for it. Don't want to be premature either. The day is young.