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Non-farm Payrolls Data to be Released Tonight, May Impact Fed's Interest Rate Decision

Summary: According to reports from FXStreet, at 20:30 Beijing time tonight, the August non-farm payrolls data will be released. Yesterday's ADP data fell below expectations, and the market is watching to see if tonight's non-farm data will continue the weak trend. This report could affect the Fed's interest rate path this month. If the employment market ...

According to reports from FXStreet, at 20:30 Beijing time tonight, the August non-farm payrolls data will be released. Yesterday's ADP data fell below expectations, and the market is watching to see if tonight's non-farm data will continue the weak trend. This report could affect the Fed's interest rate path this month. If the employment market significantly cools down, it may trigger a 'black swan' event of a 50 basis point rate cut. Investors should be cautious of data causing sharp market volatility.

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