A night that every trader must endure, at 2:30 AM, I am ready, are you ready?
Federal Reserve Chairman Powell will speak at 2 AM tomorrow. Last week's PC mildly increased Powell's dovish stance, but the non-farm employment data keeps the unemployment rate at 4.2%, which gives the Federal Reserve an excuse to find a hawkish stance. So these two factors offset each other, and it is highly likely that there will be no interest rate cut news tonight. Moreover, from the current situation, Powell is very likely to continue to stand firm against the understanding king, maintaining the tough image of not cutting interest rates.
Manage your positions well!