Odaily Planet Daily reports that Oxford Economics states that the US March employment figures significantly overestimated the strength of the pre-war job market, as the data simultaneously reflected declines in both the labor force and household employment. Job growth will slow as the war in Iran impacts real economic activity. The war's impact on inflation is immediate, but its negative effects on consumer spending, business investment, and hiring will become more apparent in the coming months. Oxford Economics' baseline forecast remains that the Federal Reserve will ignore the one-off shock of rising oil prices this year and cut interest rates twice to guard against any future weakness in the labor market. (Jinshi)

According to Huoxun Finance, Oxford Economics points out that the US March employment figures overestimated the strength of the pre-war job market, with both the size of the labor force and the number of employed households declining. US job growth will slow due to the impact of the war with Iran on economic activity. The institution predicts that the Federal Reserve will ignore the impact of rising oil prices and is expected to cut interest rates twice this year to guard against potential weakness in the labor market.

According to Huoxun Finance, data shows that in the past 24 hours, the total liquidation amount for cryptocurrency contracts across the entire network reached $133 million, including $77.8531 million in long positions and $54.808 million in short positions. Specifically, Bitcoin long positions were liquidated for $19.7503 million, and short positions for $13.6917 million; Ethereum long positions were liquidated for $10.3296 million, and short positions for $12.3232 million.

Odaily Planet Daily reports that following the release of the non-farm payroll data, Federal Reserve Chairman Daly stated that zero or negative job growth does not necessarily indicate a weak economy; however, a slowdown in labor force growth does mean a slowdown in job creation. (Jinshi)

According to Odaily Planet Daily, an Israeli official and another source familiar with the matter told Axios that one of the two crew members of a US fighter jet shot down over Iran has been located and rescued by US special forces, while the search for the other remains ongoing. Iran is also searching for the two crew members and has appealed to local civilians for assistance in the search. This is the first time a US warplane has been shot down by enemy fire since the start of the war. Sources say that both crew members ejected successfully after the F-15 fighter jet was hit by Iranian fire. US special forces have located one of the crew members inside Iran and rescued him alive. (Jinshi)