⚠️The U.S. will release February non-farm payroll data tonight at 9:30 PM. Market expectations are for an increase of 59,000 jobs, nearly halving the 130,000 jobs added last month. Retail data will also be released simultaneously. This is positive for interest rate cuts.


The current situation is not just about the data itself—it's compounded by the weekend war effect. If the data turns out to be disappointing tonight, investors are likely to be reluctant to hold risk assets over the weekend, and selling pressure before Friday's close could be stronger than usual. 📉
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