#5月非农数据即将公布
Actually, I still don’t know what non-agricultural data is? 😂
Non-agricultural data refers to the three values of non-agricultural employment, employment rate and unemployment rate.
It is divided into previous value, expected value and announced value.
As the name suggests, it is a data indicator reflecting the employment status of the non-agricultural population in the United States.
These three data are released at 20:30 Beijing time (summer time: April-October) and 21:30 (winter time: November-March) on the first Friday of each month. The data comes from the Bureau of Labor Statistics of the U.S. Department of Labor.
Non-agricultural data has a greater impact on the world economy, especially the currency market.
When the number of non-agricultural employment figures increases significantly, it indicates a healthy economic situation, which should be beneficial to the exchange rate in theory and may indicate higher interest rates. Potential high interest rates prompt the foreign exchange market to push the country's currency to appreciate more, and vice versa.
Therefore, this data is an important indicator for observing the degree and status of social, economic and financial development.
Non-agricultural employment is an item in the employment report, which mainly counts the changes in positions other than agricultural production.
So on May 7, the non-agricultural data to be released this Friday, will it bring BTC up or down?
Waiting for the data to be revealed 😂😂
#btc #meme
