Lates News

Seema Shah, Chief Global Strategist of Xin'an Asset Management Company, said: The stock market is optimistic about the better-than-expected non-farm payroll data, which indicates that the foundation of the U.S. economy is still solid. However, the bond market remains optimistic about the rise in unemployment and slowing wage growth, these factors may just manage to preserve the possibility of a rate cut by the Federal Reserve in December.