On August 7, the U.S. unemployment rate for July was 4.1%, against an expected 4.2%, and a previous figure of 4.20%.

On August 7, after the non-farm payroll data was released, according to Bitget market data, the U.S. dollar index DXY fell nearly 30 points in the short term, reporting 99.67. Spot gold rose about $40 in the short term, reporting $4,351.43 per ounce. According to HTX market data, Bitcoin briefly spiked and then pulled back, now reporting $65,078.77.

On August 7, the U.S. seasonally adjusted non-farm payrolls for July came in at -23,000, versus expectations of 80,000, with the prior figure revised from 57,000 to 20,000.

On August 7, Japanese Finance Minister Satsuki Katayama said that he will continue to communicate with the market to maintain trust. In addition, Katayama stated that he has reached a consensus with US Treasury Secretary Bessent, believing that recent foreign exchange market movements have been affected by fluctuations driven by non-genuine demand. Japan has maintained close communication with the United States, and both sides will not hesitate to intervene when necessary.

On August 7, the U.S. unexpectedly lost 23,000 jobs in July, far below the expected gain of 80,000. June's increase was also revised down to just 20,000. Despite the weak jobs market, the unemployment rate unexpectedly fell to 4.1% from 4.2%. Nick Timiraos, the "Fed whisperer," commented that the U.S. unemployment rate fell to 4.09% in July as both the number of job seekers and those counted as unemployed declined; that brought the jobless rate to its lowest level in two years. In February it was 4.44%, and in November last year it was 4.54%. As a result, market expectations for rate hikes quickly retreated. Analysts noted that the disappointing report has renewed concerns about the labor market and could complicate the Fed's interest-rate decisions, as policymakers need to strike a balance between weak employment and persistent inflation. In response, U.S. stock index futures rallied, with Nasdaq futures up 0.79% on the day, S&P 500 futures up 0.39%, and Dow futures up 0.27%. U.S. Treasury prices surged, with the 10-year Treasury yield falling 4.29 basis points to 4.627%. Non-U.S. currencies generally strengthened, with the dollar falling 80 pips against the yen to 157.72. Meanwhile, the U.S. dollar index DXY dropped nearly 30 points in the short term to 99.67. Spot gold briefly rose about $40 to $4,351.43 per ounce.

On August 7, U.S. nonfarm payrolls decreased by 23,000 in July, compared with market expectations of an increase of 80,000, and the previous value was an increase of 57,000.

On August 7, the US Bureau of Labor Statistics: May nonfarm payroll additions were revised down from 129,000 to 63,000; June nonfarm payroll additions were revised down from 57,000 to 20,000. After the revisions, the combined additions for May and June were 103,000 lower than previously reported.

U.S. rate futures market pricing shows that the expected rate hike by December is only 28 basis points, down from 32 basis points before the release of the non-farm payrolls data.

Spot gold surged 3.00% intraday, now reporting $4,367.90 per ounce. Spot silver is currently up 5.5%.

On August 7, the U.S. economy unexpectedly saw a decline in employment in July, and the previous month's nonfarm payroll figures were revised sharply downward, potentially raising questions about whether the Federal Reserve will raise interest rates next month. Friday's employment report noted that nonfarm payrolls decreased by 23,000 last month, following a downward revision to June's job growth to 20,000. However, employment data tends to be relatively subdued in July. Economists generally believe the labor market is in a state of "slow hiring, slow layoffs." Despite the Middle East situation now entering its sixth month, the economy appears to have managed successfully, with second-quarter domestic demand growing at the fastest pace in three years. As the labor force participation rate declined further, the unemployment rate fell to 4.1% from June's 4.2%. Ahead of the report's release, financial markets had expected the Fed to raise interest rates in September. Inflation data due out next week is expected to intensify the debate over short-term monetary policy prospects.