The recent discussion about economic recession is quite a headache.
Tomorrow's non-farm data has become the focus. If the data is good or better, the discussion about economic recession will probably stop for a while.
Before the next US presidential debate, if the non-farm data is strong, the market may have a small climax and rise.
But if the data is not satisfactory, the risk of economic recession will be even greater. The market may panic, and the stock market and the currency circle may suffer. We must always be on guard.
In the past, it was considered a good thing if the non-farm data was not good, and we thought that the interest rate could be cut earlier.
But now that the interest rate cut is coming soon, everyone is starting to worry that the economy is really not doing well. This mood is really mixed.