Tonight at 8:30, a major event is about to take place! ! Do you already know the highlight of tonight? It is the U.S. unemployment rate and non-farm payroll data for September that can make waves in the investment community!
Let’s talk about the unemployment rate first. If its value exceeds the 4.2% expected by everyone, it would be quite interesting, and the possibility of interest rate cuts may increase accordingly. But having said that, rising unemployment is often accompanied by a series of serious problems such as economic recession, people's living difficulties, and social unrest. This is no child's play.
Looking at the non-agricultural employment data, if the value is lower than the estimated 140,000, then the possibility of an interest rate cut will become even more significant! The release of these two key data will provide an important reference for us to predict the extent of interest rate cuts in November.
At 8:30 tonight, whether it will stick to the 60,000 mark or fall below this line depends on how these two data perform. This is undoubtedly an exciting gamble that will make your heart beat faster! Let's wait and see who can become the "lucky star" in this market game tonight!