U.S. non-farm data will be released tonight, and U.S. stocks may experience significant fluctuations as a result.

Golden Finance reports that simulations conducted by a trading department at a certain exchange indicate that if Thursday's employment data resembles the weak trend of the earlier ADP report, the U.S. stock market is likely to see a substantial sell-off. The exchange has set different scenarios for market reactions: an increase of 85,000 to 105,000: the S&P 500 index may drop by 0.25% to 1.5%; below 85,000: the S&P 500 index could plummet by 2% to 3%; the report warns: “In the worst-case scenario, the market will face the risk of stagflation (weak economic growth accompanied by high inflation), at which point both fiscal and monetary policies may be powerless.” The report specifically notes: “As long as the non-farm data is above 100,000, the stock market will still find support.” Of course, employment data has also exceeded expectations in the past and may do so again. A certain exchange predicts: an increase of 125,000 to 145,000: the S&P 500 index may rise by 0.75% to 1.25%; exceeding 145,000: the S&P 500 index's gains may expand to 1% to 1.5%. #非农就业数据来袭