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Next week, US employment data is coming: will the unemployment rate rise or fall?
【Crypto World】New Year Kickoff: US Treasury Yields Fluctuate, Slight Overall Increase. Currently, the market is waiting for next week’s data deluge—especially the release of employment indicators. Starting with Wednesday’s ADP employment report, followed by Friday’s non-farm payroll data (which is the first release since September last year according to the regular schedule), investors will be highly attentive.
Institutions have differing views on the direction of the unemployment rate. Caprock Macro believes the unemployment rate will slightly decline from the current 4.6% to 4.5%, which appears optimistic; however, Citigroup’s view is the opposite, predicting the unemployment rate will rise to 4.7%. This 1-2 percentage point difference could directly impact the subsequent asset flows. US Treasury yields, stock markets, and crypto markets are all closely watching these data to guide their moves.
Based on historical patterns, there are usually flash loan arbitrage opportunities around non-farm payrolls. It is worth noting that the risks also multiply accordingly.
Just these one or two percentage points could determine the future direction of U.S. Treasury yields and the crypto market. Holders are advised to prepare for risk hedging.
Another week of data betting begins, a 0.1-0.2% difference can have such a big impact, it's incredible
ADP kicks things off, waiting for the truth to be revealed on Friday
This non-farm payroll data is not following the usual pattern, feels like there will be surprises
As long as the unemployment rate doesn't spike wildly, a 0.1% drop will make the market go wild? That's a bit exaggerated
Next week, when this data bomb drops, short sellers will probably be chopped again
Citi and Cathie Wood are directly betting against each other, I want to see who gets proven wrong
Just this 0.2% difference can influence asset flows, the market is really fragile