Tonight, the big non-farm payroll data is coming, will the market face a storm?
Tonight is a significant moment for the investment market—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 decision-making. Updated monthly, it affects the nerves of the entire world. Tonight's data should not be underestimated, as it may bring considerable market volatility!
If the number of new jobs greatly exceeds expectations, it indicates that the U.S. economy is stable, which may lead to a stronger U.S. dollar, suppressing the performance of gold, silver, and the stock market. However, if the data falls below expectations, the market may anticipate a more lenient monetary policy from the Federal Reserve, which would benefit safe-haven assets like gold and cryptocurrencies.
Market participants should closely monitor the changes after the data is released, especially in gold, the U.S. dollar index, Bitcoin, and other assets, as volatility could be very intense. Will tonight be a burst of market confidence or a rise in risk aversion? Prepare your strategy to embrace the fluctuations, and let’s wait and see!