On a macro level, this Wednesday, the ADP, GDP, and PCE data will be released. PCE is the consumption index for producers and price takers, usually similar to a small inflation figure.

The key focus is on the non-farm payroll data and unemployment rate to be released on Friday. Currently, the previous value is 254K, and the expectation is 111K, which can be considered a halved expectation. If the non-farm data is better than 111K, it can be viewed as a positive sign, and the market may rise as a result. Of course, if it is lower than the expected value, it would be negative, indicating that U.S. inflation is fluctuating and lacks resilience. Regarding the unemployment rate, the expectation is in line with the previous value. Compared to the unemployment rate, the non-farm employment population is a more important data point, as it reflects the employment rate of U.S. labor and whether the economy has resilience.