I really didn't expect that in order to trade cryptocurrencies and stocks, I would have to study so many things😆

This Friday (December 6) at 8:30 AM Eastern Time, several key economic data indicators from the US will be released, which may impact the US stock market, cryptocurrency market, and gold market. It is recommended to pay attention in advance:

1. US Average Hourly Earnings m/m

• Indicates the percentage change in average hourly earnings this month compared to last month.

• Reflects the wage growth in the labor market and is a leading indicator of inflationary pressure.

2. US Non-Farm Employment Change

• Shows the number of jobs added or lost in the non-agricultural sector, excluding employment data from agriculture, households, and non-profit organizations.

• An important indicator for measuring the health of the economy, with significant market impact.

3. US Unemployment Rate

• Shows the percentage of the labor force that is willing but unable to find work.

• This is the core indicator for assessing the tightness of the labor market.

These data are usually released on Friday at 8:30 AM Eastern Time and may have a direct impact on the dollar's trend, stock market, cryptocurrency market, bond market, and gold market.

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