The Charles Schwab Corporation (SCHW) 加自选

NFP击败大公司：这对市场意味着什么？。今天的就业报告超出了预期，就初步反应而言，市场的反应与你预期的一样。美元飙升，股指期货反弹，债券暴跌，因为市场将6月全面降息的预期推迟到7月。

NFP beats big: What does it mean for markets?.Today's payrolls report has trounced expectations and in term of initial response, markets have reacted in the way you'd expect. The dollar surged, stock index futures bounced and bonds tumbled as the market pushed back their expectations of a full rate cut to July from June.

美国：1月份工资大幅上涨，失业率降至4.3%。1月份私人就业人数强劲增长17.2万人，远高于前六个月的平均4.4万人。1月份的大部分就业增长集中在教育和医疗保健（+13.7万），而专业和商业服务（+3.4万）和建筑（+3.3万）也有所贡献。

US: Payrolls Turn Meaningfully Higher in January, Unemployment Rate Ticks Down to 4.3%.Private payrolls rose by a robust 172k in January, well above the 44k averaged over the prior six-month period. The bulk of January's job gains were concentrated in education and health care (+137k), while professional & business services (+34k) and construction (+33k) also chipped in.

井喷式工资挑战鸽派叙事，美元以不均衡的势头反弹。1月份备受期待的美国非农就业报告带来了决定性的上行惊喜，就业增长几乎是预期的两倍，标志着自2025年中期以来最强劲的月度增长。这些数据果断地推翻了最近对劳动力市场迅速恶化的担忧。

Blowout Payrolls Challenge Dovish Narrative, Dollar Rebounds With Uneven Momentum.January's highly anticipated US non-farm payroll report delivered a decisive upside surprise, with job growth nearly doubling expectations and marking the strongest monthly gain since mid-2025. The data decisively push back against recent concerns that the labor market was deteriorating rapidly.

天然气价格分析——天然气处于硬底。天然气市场继续将3美元的水平视为硬底，因为市场正试图找到从这里反弹的理由。今年冬天，市场可能还会再出现一次飙升。

Natural Gas Price Analysis – Natural Gas Sits at Hard Floor.The natural gas market continues to see the $3 level as a hard floor, as the markets are trying to find a reason to bounce from here. We might have one more spike left in the market this winter.