Today’s small non-agricultural data will be released at 20:15pm
Let’s first understand what “non-farm employment data” is.
Non-farm employment data refers to statistics on employment in the United States other than the agricultural sector. Since the U.S. economy has always been the leader in the global economy, non-farm employment data has also become an important indicator for observing the health of the U.S. economy. Non-farm employment data is closely related to price fluctuations such as the U.S. dollar exchange rate, the Dow Jones Index, and gold. General data and market When expectations are in line, the impact on financial markets such as the stock market will be small, but if the data deviates significantly from expectations, it will have a huge impact on financial markets.
Next, we need to pay attention to tonight's data. This data will be the deciding factor for the Federal Reserve's interest rate meeting on May 4.
Pre-ADP value: 242,000
ADP market forecast: 205,000
The data released tonight will also be related to Friday's non-farm payrolls.