US JOLTS came in 7.67M vs 8.1M exp. and 8.184M previously

  • Factory Orders came in 5% vs 4.8% exp. and -3.3% previously
  • US Core Durable Goods (revised): -0.2% vs -0.2% exp. and -0.2% previously

In the first reaction, US500 loses after weaker than expected US labor market report. Short-term US interest rates futures underline a Fed 50 bps rate cut in September. Now the 25 bps cut is more likely, according to markets.

Source: xStation5