#5月非农数据即将公布
Why does non-agricultural data have a greater impact on the cryptocurrency circle?
1️⃣ Federal Reserve's monetary policy: The Federal Reserve has two core goals, namely controlling inflation and stimulating employment. When formulating monetary policy, non-agricultural data will inevitably be considered as key data, because it reflects the state of the US job market and has a significant impact on the assessment of economic health and the forecast of future monetary policy. Generally speaking, after the release of non-agricultural data, it will have a substantial impact on the implementation of the Fed's policies.
2️⃣ Changes in market sentiment: The release of non-agricultural data will also affect market sentiment. For example, if the non-agricultural data shows that the employment situation in the United States is good, it may trigger optimism in market sentiment, and people will have a more positive expectation for the future economy; conversely, if the data is not good, it may have a negative impact, causing market sentiment to fluctuate, and may even lead to large-scale capital inflows or outflows in the market.
Note: Tonight is the day for the release of non-agricultural data, please be sure to pay attention to the violent fluctuations in market conditions!