Jobs

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‎The U.S. dollar is facing renewed pressure after a turbulent Friday, when weak jobs data and political turmoil rattled global markets.
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‎📉 Jobs Miss + Trump Shakeup = Rate Cut Bets Soar
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‎July's nonfarm payroll numbers came in weaker than expected, with massive downward revisions of 258,000 #jobs for the prior two months. The surprise data triggered a sharp sell-off in the dollar, particularly against the yen and euro.
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‎Adding fuel to the fire, President #TRUMP abruptly fired Bureau of Labor Statistics chief Erika McEntarfer, accusing her of “faking” the numbers. On the same day, Federal Reserve Governor Adriana Kugler resigned, giving Trump an unexpected opening to reshape central bank policy sooner than anticipated.
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‎“The report itself wasn’t weak on the surface but the revisions were a big deal,” said Danske Bank FX strategist Mohamad Al-Saraf.
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‎📊 Market Fallout
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‎USD/JPY plunged over 3 yen on Friday, now steady at 147.47
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‎EUR/USD trades at 1.1584, little changed after a 1.5% Friday surge
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‎DXY index fell over 1.3%, stabilizing at 98.70
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‎GBP/USD climbed to 1.3310
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‎The Swiss franc weakened sharply, after Trump hit Switzerland with unexpectedly high tariffs as part of his broader trade realignment.
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‎📉 Yields Drop as Fed Cut Odds Hit 90%+
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‎Markets are now pricing in a 90% chance of a Fed rate cut in September, with traders betting on up to two or even three cuts by year-end.
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‎2-year Treasury yield: Dropped to 3.659%, a 3-month low
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‎10-year yield: Hovering around 4.23%
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‎“Markets moved quickly equities, the dollar, and bond yields all sank,” noted Tony Sycamore of IG.
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‎🔍 What’s Next?
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‎Trump is expected to announce a new BLS head and Fed nominee within days moves that could influence rate policy heading into the election season.
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‎Meanwhile, Switzerland is holding emergency talks, hinting at possible negotiations with the U.S. to reverse tariff pressure.
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‎🧠 Takeaway
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‎Markets are bracing for a potential policy pivot at the Fed, while political moves in Washington add another layer of uncertainty.
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‎If a rate cut arrives in September, expect further dollar softness, bond strength, and volatility across FX pairs especially USD/JPY, EUR/USD, and USD/CHF.
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‎Rate cuts are now necessary from FED

#BinanceHODLerTOWNS #BTCReserveStrategy #MarketRebound
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Black Friday for Wall Street
August 1, 2025, marked one of the worst trading days of the year as U.S. markets reeled from a historic double-whammy:
S&P 500: -1.6% (biggest drop since March)
Nasdaq: -2.24% (tech crushed by tariff fears)
VIX Spike: Volatility index surged 32% to 28.7
The Tariff Tsunami (Effective Aug 7)
President Trump's executive order rewrote global trade rules overnight:
CountryNew TariffKey ImpactCanada35% (+10pts)Auto parts, aluminum crisisTaiwan20%Chip shortage fears intensifySwitzerland39%Pharma supply chain disruptionsIndia25%IT outsourcing costs to surge
Economic Fallout:
U.S. average tariff rate jumps from 2.3% to 18% – highest since Smoot-Hawley (1930)
Amazon plunges 8% on AWS margin warnings
BLS Commissioner fired amid accusations of "rigged jobs data"
Labor Market Collapse
The July jobs report revealed alarming weakness:
73K jobs added (vs. 115K expected)
May-June revisions: 258K jobs vaporized
Real unemployment (U6): 7.1% (up from 6.8%)
"This isn't a slowdown—it's a synchronized stall."
— Diane Swonk, KPMG Chief Economist
Fed Forced Into Corner
Markets now price in:
86.5% chance of September rate cut (up from 38%)
50% probability of emergency inter-meeting cut
Treasury yields plunge: 10-year at 3.2% (-14bps)
Global Domino Effect
China: Threatens rare earth export controls
EU: Prepares 15% surcharge on U.S. tech giants
Emerging Markets: BRL, ZAR currencies crash
5 Critical Scenarios Ahead
Stagflation Risk (Tariffs = inflation + weak jobs)
Corporate Guidance Chaos (Q3 earnings revisions)
Dollar Crisis if Fed cuts amid global tightening
Supply Chain Exodus from tariff-heavy sectors
Political Fallout: House votes on Trade Review Act (Aug 12)
Investor Playbook:
Short: Big Tech (AAPL, NVDA supply chain exposure)
Long: Defense stocks (LMT, RTX benefit from trade wars)
Hedge: Gold ETFs (GLD) and Bitcoin
"We're witnessing the end of 'just-in-time' globalization."
— Ray Dalio, Bridgewater Associates
Next 72 Hours:
Aug 5: Emergency G7 trade ministers call
Aug 6: Walmart tariff impact warning expected
Aug 7: Tariffs take effect at 12:01 AM EST
Data Sources: U.S. Treasury, BLS, CME FedWatch
TL;DR: Trump's trade nuclear option + jobs collapse = market reckoning. Fed may need to rescue economy as global trade wars reignite. Buckle up.
#TRUMP #tarrff #stockmarketupdate #stock #jobs

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Crypto Malware Disguised as Job Listings Is Preying on Job Seekers. Job seekers are being targeted by a sinister scheme, with fake listings installing hidden cryptocurrency mining malware that silently hijacks systems and drains resources.

Cybersecurity firm Crowdstrike has revealed details of a phishing scheme in a blog post published Tuesday, outlining how attackers manipulate the firm’s hiring procedures to distribute cryptocurrency mining malware.

The attackers deploy fraudulent recruitment emails and a deceptive website to lure victims. These unsuspecting individuals are instructed to download a bogus “employee CRM application,” which instead installs the XMRig cryptominer, a tool that surreptitiously uses the infected system to mine Monero cryptocurrency. The company explained:

A newly discovered phishing campaign uses Crowdstrike recruitment branding to convince victims to download a fake application, which serves as a downloader for the XMRig cryptominer.

This scheme initiates with emails falsely claiming to originate from Crowdstrike’s recruitment department. These messages direct recipients to a phony website mimicking a legitimate employment platform. The website offers downloads compatible with Windows and macOS, but regardless of the selection, a Windows-specific malware executable is delivered.

Upon execution, the malware undergoes multiple verification steps to evade detection by security mechanisms. If these checks succeed, the malware fetches and deploys XMRig, utilizing the system’s processing power to mine cryptocurrency for the attackers. Designed to operate stealthily, the cryptominer limits its resource usage to avoid raising suspicion while gradually impairing the system’s performance over time.

Crowdstrike further discussed the malware’s mechanisms for persistence. The software installs itself within critical system directories and deploys scripts ensuring it reactivates each time the system restarts.

To combat such tactics, the company has urged job seekers to validate all recruitment communications through official channels. It also clarified.#jobs

In daily life, more and more people think about switching to crypto. Working their hobbies or work in the decentralized world, like waitperson, logistics, or coders. Sometimes, people believe that working in crypto is useless, but when I was deep in questions, people think that being decentralized is better than being centralized.

I asked the person who works as a logistics first:
Can you specify what you are working at logistics?I focus on providing insights and advice around logistics, the backbone of supply chains.What is your typical day at work?My typical day in logistics includes:Planning shipments.Coordinating with various carriers.Tracking deliveries.Managing stock levels.Have you considered blockchain's potential blockchain in logistics, especially for shipping boxes or handling warehouse space?Blockchain changes logistics with transparent, secure shipment monitoring, contract automation, and real-time product verification. It helps minimize fraud and simplify trade worldwide.What do you think about salary in blockchain? Is it better for you or not?Due to the required specialized skills, salaries in blockchain, particularly the roles that blend logistics and blockchain expertise, can be competitive. While it’s an emerging field with great potential, the stability and growth prospects of the specific role compared to traditional logistics jobs would depend on this.
I asked the person who works as a coders next:
Can you specify your job as a coder?I work as a web developer in a freelancer contract. I write websites for the front end and back end.What do you think is crypto going to change your life?Yes, it will since there are already some decentralized freelancing websites that, after they confirm that order, you get crypto instantly. It will change to coders, graphics designers, video editors, and others who work in freelancing.
I asked the person who works as a waitperson the last:
Can you specify your job as a waitperson?My typical day as a waitperson involves greeting and serving customers, taking care of the cash register, and making sure that everything is in order and maintained.How would decentralization change your work, like letting people tip you directly into a crypto account without money in the physical wallet? How about your salary?I am curious if it'll be fully present; I'll decide. There will be a lot of competition for tips and salary. I don't know if it will improve anything, maybe for the worse.

Experts say that would improve many jobs. There are already journalists who work for crypto by being tipped or receiving views from many, with no need to wait for a salary or work hard to get that salary. For example, traditional loans have changed to Defi. Video creators use video hosting alternative websites to get into crypto, and people who watch those videos also get crypto. A lot of jobs will get better and better. But some jobs like cooking or building will stay the same for now or anytime soon.

Conclusion:
Some jobs will improve, some people say that their jobs will change for the better, and others say that they will get worse. For now, experts say that physical jobs like cooking or building will stay the same, but other work that is creative or that people work the most is going to change the game very soon.

#Crypto_Jobs🎯 #jobs #CryptoJob
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