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【U.S. June Nonfarm Payrolls Report Due Next Week, Market Focus on Fed Chairman Kevin Walsh's Speech】
The U.S. June nonfarm payrolls report will be released next Thursday, and U.S. financial markets will be closed next Friday. Wealth Enhancement Deputy Chief Investment Officer Doug Huber stated that if the employment data is strong, the market will perceive the economy as overheating and factor in the risk of future rate hikes. Market attention is centered on Federal Reserve Chairman Kevin Walsh's speech on July 1.