thaitraderoficial
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US DATA. IMPORTANT MARKET POINTS 04/30. ‼️
1. U.S. GDP
An avalanche of imports. American companies rushed to advance purchases and avoid higher tariffs imposed during the Trump era. The result was a record trade deficit that reduced first-quarter GDP by 0.3%, frustrating the growth expectation of 0.4% projected by economists.
2. Labor market: weak job creation
According to ADP, the U.S. private sector created only 62,000 jobs in April, far below the estimate of 134,000 positions. The number reinforces companies' caution in the face of an unstable economic environment and uncertain forecasts.
An avalanche of imports. American companies rushed to advance purchases and avoid higher tariffs imposed during the Trump era. The result was a record trade deficit that reduced first-quarter GDP by 0.3%, frustrating the growth expectation of 0.4% projected by economists.
2. Labor market: weak job creation
According to ADP, the U.S. private sector created only 62,000 jobs in April, far below the estimate of 134,000 positions. The number reinforces companies' caution in the face of an unstable economic environment and uncertain forecasts.
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