Non-agricultural employment data will be released soon, and market expectations are strong📢
Non-farm employment data will be released today. Taking into account the strong recent employment data and other employment indicators based on big data that are also higher than expected, the market believes that today's data has a chance to be higher than the forecast of 200,000; in addition, the market will also Pay particular attention to Average Hourly Earnings (AHE), which if it rebounds (like the ISM Services Index) could force the FOMC to come back into play in the fourth quarter, while futures markets are currently pricing in the mere possibility of another rate hike before the end of the year. Just 20%.
