Stagflation Concerns Rise Amid Unexpected Employment Data and Oil Price Surge

Qinbafrank posted on X. The main focus of tonight's trading is stagflation, as February's non-farm payroll data has unsettled the market. Initially, a slightly lower figure than expected might have been seen as positive, but the significant shortfall, with employment decreasing by 90,000 jobs, has sparked fears of a recession. Additionally, U.S. President Donald Trump has ruled out the possibility of reaching a short-term agreement with Iran unless they surrender, which is expected to drive oil prices higher. This situation has raised concerns about inflation rising again, contributing to the stagflation trading scenario.