Bank of America Strategist Anticipates Risk Asset Rally on U.S. Jobs Report

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Bank of America Strategist Anticipates Risk Asset Rally on U.S.

Jobs Report Michael Hartnett, a strategist at Bank of America, forecasts a potential rally in risk assets if today’s U.S.nonfarm payroll report meets market expectations, as reported by ODaily News.

As one of the world’s largest economies, China’s recovery efforts could contribute to stabilizing commodity prices and global trade, indirectly benefiting U.S.markets and enhancing the appeal of risk assets.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaChina

Topics: Crypto News Bank Of America

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 10:02:51 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22878815

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About BitcoinWorld

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Official Website: bitcoinworld.co.in

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