At 10 PM tonight, the U.S. Bureau of Labor Statistics will release the highly anticipated annual benchmark revision data for non-farm employment, which could have a significant impact on the direction of financial markets. The market widely expects a downward adjustment of about 600,000 jobs; however, this morning, Bessemer's prediction is more pessimistic, suggesting a potential reduction of 800,000. This 200,000 gap is enough to trigger significant market fluctuations.



If the data meets expectations and is revised downward by about 600,000, investors may believe that the U.S. economy is slowly cooling down. In this case, the market may begin to bet that the Federal Reserve will take measures to cut interest rates to stimulate the economy, thereby creating new investment opportunities.

However, if the data is indeed revised down by 800,000 as Besant mentioned, the situation could be even more severe. Such a large reduction in employment numbers may be seen as a precursor to an economic recession, potentially triggering large-scale sell-offs of stocks and bonds by investors, who may then seek safe-haven assets like gold.

Regardless of the final data, tonight's announcement could become a key turning point for the market's future direction. This data will create huge waves in the financial markets, and investors are closely watching this upcoming economic drama.

At this moment full of uncertainty, market participants are waiting for the announcement of this key data to determine their next investment strategy. Regardless of the outcome, this will be an important economic indicator worth paying attention to, which may have a profound impact on the global financial markets.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ApyWhisperervip
· 10h ago
The US is about to make a big move again.
View OriginalReply0
MetamaskMechanicvip
· 09-09 10:50
It doesn't rise again, it's hard to bear.
View OriginalReply0
MetaNomadvip
· 09-09 10:42
Hedge assets are prepared in advance, just watching the show.
View OriginalReply0
GateUser-0717ab66vip
· 09-09 10:31
The trading is soaring, whether shorting or going long, one will incur losses.
View OriginalReply0
MetaverseLandlordvip
· 09-09 10:28
Just do it, and it's done. If it doesn't fall, go long.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)