6.6 Evening Market Overview: Non-Farm Data Released is Bearish
May non-farm data released, previous value 14.7, expected 13, released 13.9, bearish
The unemployment rate has also remained at 4.2% for three consecutive months, perhaps the SEC and the Federal Reserve will continue to postpone interest rate cuts, and the prediction of a rate cut in July is again an illusion, with the earliest estimate having to wait until September. This four-year halving cycle may last from September to December, with a bullish tail in Q1 of 2026.
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