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⚠️ Extremely critical US Employment data will be released today at 15:30 for the markets !!
The unemployment rate expectation is 4.3%.
Expectation in Non-Farm Employment: 111K
- Data close to expectations is NEUTRAL for the markets.
- Data coming in below expectations, especially if it's below 100K, would be NEGATIVE for the markets ( However, if the FED strengthens the possibility of cutting rates more and earlier, it could have a positive effect. The market's response is uncertain. )
- Data coming in above expectations is POSITIVE for the markets
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