On Monday, the stock market was closed due to a holiday in the United States, but market activity did not come to a complete halt. Compared to the weekend, the overall market remained relatively stable, with only a slight increase in fluctuations in the Asian time zone. Although the trading hours for U.S. stock futures at the Chicago Mercantile Exchange (CME) are limited, the three major index futures showed a trend of opening lower and rising higher, which may suggest that investor sentiment has improved after the weekend break.

This week's focus in the financial markets will be on the labor data released starting Wednesday. Among them, the non-farm payroll report released on Friday is particularly critical and may serve as an important basis for the Federal Reserve's decision on whether to cut interest rates in September. The data on Wednesday and Thursday can be seen as a prelude to the non-farm report.

Current market expectations indicate that the upcoming data may not be particularly optimistic. However, the key lies in how the market interprets this data. Whether investors will replicate the market reaction after Powell's speech two Fridays ago remains an open question.

As these important economic indicators are gradually released, market sentiment may experience Fluctuation. Investors need to closely monitor this data and weigh its potential impact on the future direction of monetary policy. Regardless of the outcome, this data will provide market participants with important decision-making basis, potentially triggering a series of adjustments to investment strategies.