US March #ADP Small Non-Farm Data Released!!
Recorded 155,000 people, higher than the expected 115,000, and previous value of 77,000.
This would normally lower the expectations for the Federal Reserve's interest rate cuts, which is bearish.
But now the market is worried about a US economic recession, and good employment data could reduce recession expectations.
Additionally, the non-farm data released on the evening of the 4th may also continue to lower recession expectations, which is a slight bullish signal.
Ultimately, it still depends on the announcement at 4 AM tonight.
#关税 announcement would mean bearish news materializing.
If it exceeds market expectations, there may be a small drop, but it will recover quickly.
If it is below market expectations, it would be a big surge!!