Tonight, the big non-farm payroll data is coming, will the market face a storm?
Tonight, the heavy moment for the investment market has arrived - the big non-farm payroll data is about to be released! This data is directly related to the employment situation in the United States and is an important reference for the Federal Reserve's decisions. Updated every month, it affects the nerves of the entire globe. Tonight's data should not be underestimated, as it could bring significant market fluctuations!
If the new jobs added greatly exceed expectations, it indicates that the U.S. economy is stable, and the dollar may continue to strengthen, suppressing the performance of gold, silver, and the stock market. However, if the data falls below expectations, the market may anticipate a loosening of the Federal Reserve's monetary policy, which would benefit safe-haven assets like gold and cryptocurrencies.
Market participants should closely monitor the changes after the data is released, especially for gold, the dollar index, bitcoin, and other assets, as volatility may be very intense. Will tonight be a time of overflowing market confidence, or will risk aversion rise? Prepare your strategies to embrace the volatility, and let's wait and see!