💥Tonight's data will determine the subsequent trends!
There are several important data points to pay attention to in the evening:
①: 20:00 Final vote on the Big and Beautiful Bill 【Good for the US economy】
②: US Non-Farm Payroll data
③: US June unemployment rate
These are relatively important; if the data is favorable, it will increase the probability of an early rate cut. Conversely, if it meets expectations, a 25 basis point rate cut is expected in September. Regardless of whether the data is good or bad, Trump may push for a rate cut!
Personally, I am optimistic that positive data will drive the market up.
The evening will see significant volatility; inexperienced brothers should avoid opening positions easily and must ensure to set profit-taking and stop-loss orders.
