With the big and small non-farm payrolls coming one after another, Trump taking office, and the Fed cutting interest rates, how should we plan?
There are two important data to be released tonight, one is the small non-farm payrolls at 21:15, and the other is the number of initial jobless claims at 21:30. These two data are expected to show that fewer people are looking for jobs and job growth is slowing, which may make the Fed feel that it is time to cut interest rates. On Friday, there will be a more important large non-farm payrolls data. If it is similar to expectations, the possibility of a rate cut will be greater.
Trump is about to take office. Although he may not be particularly concerned about cryptocurrencies, his policies will still have a long-term impact on this circle, such as regulation and opening up. I think he will push some good policies that are beneficial to the crypto market, but don't expect this to make you rich immediately.
In the early morning of the 30th, the Federal Reserve will decide whether to cut interest rates or not, which depends on the data this month. If the data is strong, a 25 basis point rate cut is a sure thing, so that there will be more money in the market and better liquidity.
Speaking of market reaction, even if the data looks good, the market may still freak out, just like the sudden plunge last night, and those small-cap stocks were washed out. But this may be to make room for the new government, allowing large funds to quietly change hands and prepare for the subsequent surge.
The market has experienced a sharp drop. Next, I will prepare some currencies suitable for bottom-fishing as a plan to recover the capital. If you get lost, come and find it. Like + comment, choice is greater than effort! !
