The recent hype of recession is indeed frustrating.
Tomorrow's non-farm data will be the key, and if the data is in line with or higher than expectations, then the discussion about recession may be temporarily calmed.
Coupled with the public debate of the US election four days later, as long as the non-farm data performs well, the market is expected to usher in a wave of rebound.
However, if the non-farm data is lower than expected, the risk of recession will continue to exist, which may exacerbate market concerns about a "hard landing" of the US economy. Global stock markets may be hit harder, and the currency circle may also fall accordingly, which requires vigilance.
In the past, non-farm data lower than expected was usually seen as positive, because it may mean that the economy is not performing well, which is conducive to early interest rate cuts.
However, when the expectation of interest rate cuts finally appeared, the market began to worry about recession again, which was really frustrating.
In this market, in addition to holding spot, short-term operations may be a more appropriate strategy. Only by staying flexible and seizing short-term opportunities can we find opportunities for profit in market fluctuations.
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