This Friday is the time for the United States to release the "non-farm" data, which is critical to the market.
Non-farm data refers to a key indicator in the employment report released monthly by the U.S. Department of Labor, called "Nonfarm Payrolls". This data shows the changes in employment in the non-agricultural sector outside the agricultural sector, including employment in various industries such as manufacturing, construction, and services.
Non-farm data is usually regarded as one of the important indicators to measure the health of the U.S. economy, because changes in non-farm employment reflect the vitality of the overall economy and the situation of the labor market. If the non-farm employment population increases, it is usually interpreted as strong economic growth, which may have a positive impact on the stock market, currency market, and commodity market; on the contrary, if the non-farm employment population decreases, it may be regarded as a sign of economic weakness, which may cause market concerns and fluctuations.
Therefore, the release of non-farm data is usually closely watched by market participants, becoming one of the important events in market transactions, and can even cause large fluctuations in the market.