US June NFP comes in modestly stronger than expected at 850k (720Ke). There were minimal upward revisions to prior 2mths totaling 15K. Unemployment rate rises to 5.9%, against expectations of a fall to 5.6% (5.8% prev). Wages in line w/expectations, rising 0.3%MoM, +3.6%YoY. h/t Holger Zschaepitz

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