UK permanent job placements rose for the first time since September 2022, with the index reaching 50.5 in August after a flat reading of 50.0 in July. In the United States, employers added 162,000 jobs in August, far exceeding the 65,000 forecast by economists, while unemployment held steady at 4.1%. These figures support expectations of a Fed rate hike at its September 16 meeting, with corresponding probabilities surging to nearly 60%. Bitcoin fell by 3.5%, dropping below $79,000 following the data release, and US equity markets also lost ground, with the Dow Jones shedding more than 260 points.
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