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Tonight at 20:15, we will face the Non-Farm Payrolls! How will you deal with the big Non-Farm Payrolls battle this Friday?
Tonight at 20:15, the battle of the non-farm payroll begins. Is the potential favorable information already realized if the expected value is lower than the previous value?
Tonight's small non-farm payroll will undoubtedly have a significant impact on Friday's big non-farm payroll. The big non-farm payroll is the data from the U.S. Department of Labor, while the small non-farm payroll is published by a private company. However, this company is a globally renowned human resources company and has a strong reference value!
First, let's take a look. The expected value for this period is 175,000 people, and the previous value is 192,000 people. From the expected value, it's definitely Favourable Information.
However, based on the data from the end of last month, it's not much of a surprise that the previous value, which is less than 192,000, is whether it is greater than, less than, or equal to the expected value. It's hard to say at the moment because the number of initial claims for unemployment insurance increased by 3,000 people at the end of last month, exceeding the expected value by 1,000. Logically, the number of unemployed is indeed increasing, but it's not necessarily a sign of a bad economy, as the advancement of the times and the application of some artificial intelligence AI may also compete for job opportunities for workers.
Tonight's estimated value may be slightly higher than 19.2 compared to 17.5, so the data won't look so bad, which is a favourable information, but not as expected. The market will have a long wick candle up and down to harvest this batch of liquidity. If it equals or is lower than 17.5, don't hesitate, the morning's downward wick candle is still an entry point.