The turning point is coming tonight! ?
All Wall Street is paying attention to two data tonight. The first is the ADP employment data at 9:15. Please see the picture.
If the actual result is lower than 13.9, it is positive, and higher is negative.
At 9:30, the number of first-time applicants for relief will be released. If the result is higher than 21.5, it is positive, and lower is negative.
The current logic is that the job market is hot and inflation is rising, so the reduction in employment is conducive to suppressing inflation and the Fed's interest rate cuts.
I think the market has already priced in most of the negatives in advance, so even if the data tonight exceeds expectations, it may not fall much more. But once it is positive, then the big rebound will come~
Shu Qin will forward the results as soon as the data is released, don't forget to follow me! #加密市场回调