This is the economic data from today to Friday. As the Fed's interest rate decision in September approaches, the data becomes more sensitive!

1: The job vacancies announced tonight, this data involves employment, that is, it is related to Friday's non-agricultural data, and needs to be paid special attention to. Too many job vacancies may promote the increase of non-agricultural employment (not absolute, but 100% has an impact. The reason for not absolute is the industry difference)

2: The number of corporate layoffs tomorrow night, ADP and initial unemployment claims are all directly related to employment. I won't talk about the logic. It's very simple. The important thing is the service industry PMI and the manufacturing industry PMI. These two data are divided by 50. Above 50, it proves that the economy is improving. In the same way, high values ​​and large demand may provide more jobs, and there is also a probability of pushing up non-agricultural employment. Yesterday's manufacturing data is like this. If you are interested, you can check it yourself. There is also the economic Beige Book at 2 o'clock in the morning. I suggest you take a look and see if there are any remarks showing that the economy is improving.

3: Friday's unemployment rate and non-farm payrolls data, the expected unemployment rate shows 4.2%, the previous value of 4.3% is expected to decline, which is not good for interest rate cuts, but it is good for a soft landing. The previous value of non-farm payrolls was 11.4, and the expected value was 16.5. There is not much to say, all driven by small data. I can only say that the previous value was too low and the expected value was too high. If these data are not falsified, the probability of bad news is basically higher. In addition, pay attention to the speeches of Fed officials in the past two days. Hawkish remarks need reasons, and the release of data is the best reason to be hawkish. There are also the annual and monthly wage rates. I personally think that only when wages are high can you have the ability to consume, so there is no need to say more below, everyone can understand. I am not very optimistic about the data of these three days. Of course, if the data is unexpected, then everyone will be happy. The above is purely personal opinion of daily water text, not as investment or entry advice, I wish you all good fortune. 🤑🤑🤑$BTC