Tonight, the ADP employment data, also known as the small non-farm payrolls and the number of initial jobless claims for the week, will be released.
So what impact will the small non-farm payrolls have?
If the number of employed people is high, it means that the economy is developing well, which is good news for the US dollar index. Otherwise, it is bad news.
However, there is no particular necessary connection between the two in the short term, because the number of employed people is not only related to the macroeconomic situation.
Other areas, such as the rapid development of the high-tech industry, may reduce the demand for labor, but can greatly stimulate economic growth.
When the employment situation is weak (strong), the bond market will rebound (fall). The equity investment market rebounds with weak data, because low interest rates are good for stocks.
But sometimes the two markets move in opposite directions. After all, the labor market is good for the stock market because it promotes economic growth and corporate profits. At the same time, bond traders are more concerned about the potential feasibility of inflationary pressures.
The unemployment rate rises during cyclical recessions and falls during periods of rapid economic growth. Rising unemployment is associated with economic weakness or contraction and falling interest rates. Conversely, falling unemployment is associated with economic development and rising interest rates. In this way, people are afraid that if the unemployment rate is too low and workers are hard to find, wages will increase.
The data on unemployment claims for the week has relatively little impact on the cryptocurrency circle
After all, it only reflects the number of people who applied for unemployment benefits for the first time that week, and those who applied continuously are not included
Regardless of the size of the impact, the market should still be inserted when the data comes out. In order to avoid losses, stop losses and wait for the news results to come out before making arrangements
If you keep chasing ups and downs and don’t know the direction of operation, follow Afeng’s pace and take you to ride the wind and waves
#非农就业数据即将公布 #币安合约锦标赛 #ASI代币合并计划
