Fed Hike Odds Surge Past 60% After Blockbuster Jobs Report

The Federal Reserve's September rate decision just became a coin toss. August's Nonfarm Payrolls report smashed expectations, adding 162,000 jobs versus the 56,000 forecast, immediately pushing rate hike odds to nearly 60%. The dollar index (DXY) climbed above 99.00 on the news, signaling markets are now pricing in a hawkish Fed pivot.

Trade Routes

• United States: August NFP showed robust hiring with 162K jobs added, up sharply from July's revised 21K, while...