Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#Gate广场五月交易分享
May 8th US Employment Data Released
Today's biggest development was the US employment report. In fact, we could call it the biggest event of the week, because we're talking about reports that directly affect the Fed's interest rate policy. Since the Fed is tasked with both maximizing employment and maintaining price stability, a potential contraction in employment could lead to interest rate cuts, similar to those planned for the end of 2025.
The Fed is concerned that inflation will rise further due to the increase in oil prices. Therefore, interest rate cuts have been postponed for 5 months, and monthly inflation has seen increases of up to 1%. Employment, however, is relatively good, partly due to Trump's immigration policies. So, what were today's figures
$ROBO $ALICE
May 8th US Employment Data Released
Today's biggest development was the US employment report. In fact, we could call it the biggest event of the week, because we're talking about reports that directly affect the Fed's interest rate policy. Since the Fed is tasked with both maximizing employment and maintaining price stability, a potential contraction in employment could lead to interest rate cuts, similar to those planned for the end of 2025.
The Fed is concerned that inflation will rise further due to the increase in oil prices. Therefore, interest rate cuts have been postponed for 5 months, and monthly inflation has seen increases of up to 1%. Employment, however, is relatively good, partly due to Trump's immigration policies. So, what were today's figures?
US Unemployment Rate Announced: 4.3% (Expected and Previous: 4.3%)
US Non-Farm Payrolls Announced: 115K (Expected: 65K Previous: 178K)
Average Earnings Announced: 3.6% (Expected: 3.8% Previous: 3.5%)
These figures suggest that the Fed may delay interest rate cuts even further. Especially with triple-digit oil prices fueling energy inflation, we may not see interest rate cuts until 2026. Trump was right in his assessment last year; while his immigration policy reduced job supply, it also reduced demand, keeping unemployment relatively low.