Morning Flash Report For Thursday, July 3
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In this video, Ira Epstein covers the U.S. jobs report, highlighting that nonfarm payrolls increased by 147,000, surpassing market expectations, and the unemployment rate dropped to 4.1%. He notes that most job gains were in government sectors and suggests there is no immediate need for the Federal Reserve to change its policy in July.
Epstein also discusses the trade balance increase and mentions upcoming economic reports and market events, including an early close for U.S. stock markets.
Video Length: 00:06:17
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