Market Observation: Market Stalemate Before Non-Farm Data

During today's Asia-Europe trading session, the market failed to achieve a directional breakout as expected, and key turning points did not form effective reversals. This sideways consolidation indicates that investors are waiting for the U.S. non-farm employment data to be released tonight at 20:30.

Key Focus Items

1. Change in Non-Farm Employment Numbers

2. Unemployment Rate Data

3. Average Hourly Wage Growth Rate

Potential Impact

Data exceeds expectations: May strengthen the Federal Reserve's hawkish stance, negatively impacting risk assets.

Data falls short of expectations: May ease interest rate hike pressures, positively affecting market rebounds.

Investors are advised to remain vigilant, as market fluctuations may intensify before and after the data release. Properly manage positions and establish risk management plans.

(Market risks exist; investment requires caution)

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