There will be a big market tonight!
The recent rise and fall of Bitcoin is arbitrary, but tonight there will be two very important indicators released, and the market will find its direction again.
First is the ADP non-farm payrolls data at 8:15 pm:
Previous value: 122,000. Market expectations: 144,000.
Employment higher than expected is positive, lower than expected is negative, and there is no change if it meets expectations.
Then there is the number of new claims for relief at 8:30:
Previous value: 231,000. Market expectations: 230,000.
Unemployment lower than expected is positive, higher than expected is negative.
Other data such as the number of people applying for unemployment benefits are not the focus, but you can also pay attention to them.
Benqin thinks that the election is coming soon, and this data is likely to be beautify, so the probability of good news is quite high. But no matter what, we will see it tonight!