According to Odaily, the number of new non-farm jobs in the United States for March and April has been revised downwards. The March figures were adjusted from 315,000 to 310,000, while the April numbers were revised from 175,000 to 165,000. After these revisions, the combined new job numbers for March and April are 15,000 less than previously reported.
In addition, traders in US interest rate futures have significantly reduced their bets on a Federal Reserve rate cut in September. The current expectation for a rate cut is now 55%, down from previous data which indicated a 70% likelihood.