U.S. payrolls increased by 162,000—nearly three times expectations.

The surprise pushed Treasury yields, the U.S. dollar and expectations for higher interest rates upward, while stocks, Gold and Bitcoin moved lower.

Canada simultaneously lost 41,700 jobs, creating a sharp U.S.–Canada economic divergence with important implications for USDCAD.

Here is what moved the markets—and why the upcoming inflation reports could determine the next major move.

Market data reflects the September 4 U.S. close and a Reuters Friday Bitcoin snapshot.

Educational content only—not financial advice.

#jobsreport #federalreserve #marketupdate