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www.newsbtc.com · Sep 8

ZOOMEX STOCK: Trade Last Week’s Market Chaos with Stock Perpetuals

Global markets whipsawed last week on a hot US labor report, persistent oil price pressure and steep single-stock declines in Tesla and Lululemon. Zoomex, a leading global derivatives exchange built around user-friendly design, transparent balance and rule mechanisms, and fair access to legitimate earnings, is highlighting a week of sharp market swings as an example of the kind of environment its platform was purpose-built to serve. From a surprise US jobs print to oil market tension and double-digit drops in major US equities, this week offered traders no shortage of opportunity, and Zoomex users had a refined, easy to use venue ready to help them respond in real time. US Jobs Shock Reprices Rate Expectations The US economy added 162,000 jobs in August, nearly three times the 53,000 economists had forecast. The number forced a rapid repricing of Federal Reserve expectations, as investors weighed the possibility that a labor market running this hot could keep the Fed from cutting rates, or even push it toward another hike. Stock indices slid into the end of the week and the yield on the 10-year US Treasury climbed above 4.78%, tightening financial conditions across the board. Sour…

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