Tonight at 8:30 PM, the non-farm payroll data will be released, with July expected to add 11,000 jobs, and the unemployment rate is projected to rise slightly from 1.4% to 4.2%. If this meets expectations, it will reinforce the view of a slowing job market.
At this week's meeting, Chairman Powell provided guidance on the September interest rate decision. Many data points have been released recently, and tonight's non-farm payroll will help influence the Federal Reserve's expectations for a rate cut in September, with significant implications for the September interest rate decision.
Stay tuned: CFX ENA ETH SOL XRP DOGE OM SUI BIO
