1. US non-farm data
Job growth expectations: The market usually speculates on changes in non-farm payrolls based on the overall economic trend, industry dynamics, and trends in previous data. If economic growth is stable, it may be expected that the number of jobs will increase to a certain extent; if the economy faces uncertainties, such as trade tensions, global economic slowdown and other factors, job growth may be suppressed. Wage growth: Wage growth is also one of the key points of attention. Higher wage growth may indicate a tight labor market, and companies will increase salaries to attract and retain talent. This may have an impact on inflation and affect the Federal Reserve's monetary policy decisions. Industry differences: Employment conditions in different industries may vary greatly. For example, the development of the technology industry may drive employment growth in related fields, while traditional manufacturing may face employment pressure due to factors such as the global trade situation.
2. Federal Reserve News
Monetary policy direction: The Federal Reserve's monetary policy decisions depend on multiple factors, including economic growth, employment, inflation, etc. If the non-farm payrolls data is strong, it could increase the likelihood that the Fed will continue to keep interest rates steady or even consider raising them. Conversely, if the data is poor, it could stoke concerns about an economic slowdown and prompt the Fed to consider further easing of monetary policy. Interest rate decision: The market will pay close attention to the remarks and statements of Federal Reserve officials to speculate on the future direction of interest rates. The Fed may decide whether to adjust the target range for the federal funds rate based on economic data and market conditions. Policy communication: The Federal Reserve usually communicates with the market through meeting minutes, official speeches, etc., to convey its assessment of the economic situation and the intentions of monetary policy. Market participants carefully analyze these communications for clues about future policy directions.
Conclusion:
It should be noted that the actual non-farm data and the Fed's dynamics are highly uncertain and will be affected by various factors. In October, as more economic data are released and events develop, the market's expectations for non-farm data and the Fed will continue to adjust. What impact will the Fed's interest rate hike have on the cryptocurrency market? What kind of fluctuations will the cryptocurrency market usually experience after the release of non-farm data? Provide some of the latest news about the US non-farm data and the Fed in October
