The June nonfarm payrolls report is the biggest macro event of the week, dropping at 8:30am ET this morning. Street consensus is +115K jobs vs May's strong +172K, with unemployment expected to hold at 4.3%. ADP already rang the warning bell Wednesday — just 98K private payrolls vs 110K expected, the softest read in months. A miss could revive Fed rate-cut bets and lift rate-sensitives; a hot number could push the dollar higher and pressure tech. Not financial advice. Bullish or bearish heading into the print?
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