The US February non-farm payroll data and unemployment rate will be released tonight, with the market focusing on the confidence of the Federal Reserve
According to Jinshi, the U.S. February non-farm data and unemployment rate will be released at 21:30 tonight. This week, Powell's "dove voice" was loud and clear. It is almost a foregone conclusion that there will be no action in March, but the expectation of the first interest rate cut is still unresolved. The market is paying attention to whether tonight's non-farm payrolls can make the Federal Reserve more "confident." The market may fluctuate violently by then, so investors are advised to pay attention to the relevant risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ—US Stock Market Updates: CoreWeave, Travelers, Tesla
Bank of America Hartnett: "Still inclined toward risk aversion" in the coming weeks, as US Treasuries set a four-year record for longest inflow streak
U.S. equity funds attracted $39 billion in inflows in a single week, pushing the annualized scale toward a historic high, while U.S. Treasuries also saw capital inflows for 16 consecutive weeks. However, Bank of America strategist Hartnett warns that due to rising real yields, the performance of AI and banking stocks, and the volatility of the midterm elections, there is still a preference for risk aversion in the coming weeks.
RBC Cuts Price Target on Equifax to $177 From $194, Keeps Outperform Rating
Crypto prices
More
