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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
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US Non-farm Payrolls (NFP) will be released tonight, which may affect the Fed's interest rate cut decision.
According to Mars Finance, Jin10 reports that at 20:30 Beijing time tonight, the August US Non-farm Payrolls (NFP) data will be released. Yesterday's ADP data was worse than expected, and the market is concerned whether tonight's non-farm data will continue the weak trend. This report could impact the Fed's rate cut path this month; if the job market significantly cools down, it may trigger a "black swan" event of a 50 basis point rate cut, and caution is needed as the data may cause severe market fluctuations.