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Non-farm data released tonight may affect the Federal Reserve's decision to cut interest rates

Source: ChainCatcher
According to ChainCatcher, according to Jinshi, the non-agricultural data in August will be released at 20:30 tonight in Beijing time. Yesterday's ADP data was lower than expected, and the market was concerned about whether non-farm farms would continue to be weak tonight. The report may affect the Fed's rate cut this month. If the job market cools down significantly, it may trigger a "black swan" event with a 50 basis point rate cut. Beware of the data that triggers violent market fluctuations.
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