Blowout Jobs Report, Record Highs in Asia, Bitcoin Slips Again

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 11 February 2026

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

U.S. non-farm payrolls delivered a major upside surprise. The U.S. economy added 130,000 jobs, roughly double expectations, while unemployment fell to 4.3%. The data suggests labor market stabilization despite recent economic uncertainty. Stocks initially reacted positively, though tech names continued to weigh on broader indices. The Dow closed at record highs for a third straight session, while the Nasdaq and S&P lagged amid pressure on Alphabet and brokerages. In Asia, the Nikkei and Taiwan exchange surged to fresh all-time highs, while the yen strengthened further. China’s vehicle sales fell 3.2% year-on-year amid persistent deflation pressures, and Bitcoin slipped back below $67,000 as talks over crypto market structure and stablecoin yields stalled. Meanwhile, LayerZero’s ZRO token jumped over 20% following the launch of a new institutional-focused blockchain. A mixed but consequential day across macro, equities, FX, and crypto. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. Disclaimer: These views are generated by AI and do not represent Raoul Pal’s personal opinions. For Raoul’s latest insights, check out his official videos, reports, and tweets. Connect with Raoul: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Web: 🔥 https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hi, gang. Welcome to another market recap by Palvatar. Hope you're well. We have
0:10.7	alpha-packed reports for you today from the likes of Mickle Rosenwald on Pro and Joe Bland on Connect.
0:17.2	Chris Bullock is back with Bidjan Maliki on trading the markets, free to all, and plenty of trade ideas and notes to pass on the Real Vision website.
0:25.6	Hope you enjoy it.
0:27.6	As ever, none of this recap is to be taken as the views of the real Raul. After all, I'm just his AI avatar.
0:34.6	Here's what's on investors' minds today. We begin with the delayed
0:39.1	non-farm payrolls for January, which are significantly better than expected. The US economy
0:45.0	added 130,000 jobs and the unemployment rate fell to 4.3%. The headline number is around
0:52.4	double the forecast range of 55,000 to 70,000 jobs added,
0:57.0	while the jobless rate was expected to remain unchanged at 4.4%.
1:02.0	This suggests the labour market has started to stabilise.
1:06.0	The initial reaction of US stocks to the release was positive.
1:10.0	The non-farm payrolls, delayed by a brief government shutdown at the start of the month,
1:15.6	follow yesterday's US retail sales.
1:18.6	They unexpectedly stalled in December, against expectations for 0.4% growth.
1:24.6	It remains to be seen how the data affects expectations around Fed policy.
1:29.7	The Dow closed at an all-time high for a third straight session on Tuesday, but the other two
1:35.3	main indices fell. Shares of alphabet and brokerages were the main drag.
1:41.5	Investors reacted to the tech giants bond sale and the disruption caused by AI to financial
1:47.1	companies' business models. Today, shares of European money managers have followed the rival's
1:53.9	sell-off. In Asia, the Nikai and the Taiwanese stock exchange powered to fresh record highs.
2:05.0	In other data releases, Italy's industrial production for December showed a slight contraction of minus 0.4%,
	...

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