Core Analysis: What will happen to the non-agricultural data tomorrow evening?
Non-farm data and unemployment rate will be released around 8:30 tomorrow evening.
Determine whether the Fed will cut interest rates in June,
It has affected the future and destiny of countless investors.
The previous value was 27.5%, and the expected value was 20%. If it exceeds the expected value, it will be negative.
CoinShark [Coin Shark] analyzes for everyone whether it is likely to be good or bad.
First of all, the US ADP employment number released yesterday recorded an increase of 184,000 in March, which was higher than the expected 148,000. The higher than the previous value was revised up from 140,000 to 155,000. Led by the leisure and hospitality industries, U.S. private companies last month saw their largest hiring gains since July last year. Indicating a strong job market.
At the same time, the U.S. leisure and hospitality industry has driven hiring growth in the private sector, which may be related to the reopening of the economy and increased consumer confidence. The recovery of these industries may have a positive impact on overall employment.
Therefore, the chances of being negative are higher. It is possible that the non-agricultural data may be higher than the expected 200,000 people, maybe between 220,000 and 250,000 people.
It is best to reduce the position to below 5 levels before the data is released.
Of course, if it is lower than expected, it will be a miracle and the currency circle will counterattack.