【今日短语】
puncture optimism 打破乐观
eg Hawkish comments by policymaker puncture early Wall Street optimism.
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原文如下：
The day in the markets
(来自：The Financial Time 金融时报)
What you need to know
► Dollar rises and Treasuries sell off as investors weigh outlook for Fed policy
► Increase in US joblessness may ease pressure to lift interest rates further
► Hawkish comments by policymaker puncture early Wall Street optimism
The dollar strengthened and US government debt sold-off yesterday as investors reacted to data that offered a mixed reading on the strength of the US economy.
The US Dollar index, a measure of the currency’s strength against a basket of six peers, gained 0.5 per cent after the release of August’s jobs numbers, which showed that the unemployment rate rose last month to an 18-month high of 3.8 per cent. Economists had forecast an increase to just 3.5 per cent.
Last month’s US employment numbers in contrast were stronger than expected with non-farm payrolls increasing by 187,000, more than the 170,000 expected by economists polled by Reuters.
Longer-dated government bonds sold off with the yield on 10-year Treasuries up 10 basis points to 4.19 per cent.
Friday’s figures suggested that labour market conditions were “normalising” and raised the chances that the Fed’s next move would be a cut in interest rates in the first half of the year, said Andrew Hunter, deputy chief US economist at Capital Economics.
