#JunePayrolls57KHikeOddsFallTo50% global financial market reaction after the US Bureau of Labor Statistics (BLS) released its Nonfarm Payrolls (NFP) data report for June. Official data shows the US economy added only 57,000 new jobs. The figure missed market expectations by a wide margin, which had forecast growth of 110,000 to 115,000 jobs.As a result of this negative surprise, investor expectations for Federal Reserve monetary policy immediately flipped. The probability of a Fed interest-rate hike for September, which initially stood around 65%, quickly dropped sharply to about 50% within minutes