Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The US non-farm payroll data will be released tonight and the results will have a significant impact on the Federal Reserve's September interest rate

The US non-farm payroll data will be released tonight and the results will have a significant impact on the Federal Reserve's September interest rate

CointimeCointime2025/08/01 09:05
By:Cointime

the U.S. July employment report, which will be released at 8:30 p.m. 东八区 on Friday, is expected to show an addition of 110,000 jobs, a significant decrease from June's 147,000; the unemployment rate is expected to rise from 4.1% to 4.2%; and the average hourly wage rate is expected to increase by 0.3%, higher than June's 0.2%. If the forecast is accurate, this will reinforce the view of a slowdown in the job market, although it may not necessarily require a response from the Federal Reserve.

At the earlier interest rate meeting this week, Powell did not give guidance on the September rate decision and pointed out that there are many data releases before then, with Friday's July non-farm report being a piece of the puzzle that will help shape expectations for a rate cut in September by the Federal Reserve. Analysts point out that if non-farm employment data is below 100,000 and the unemployment rate rises, it may suggest a weakening job market, dampening hawkish expectations for the Federal Reserve and putting pressure on the U.S. dollar, which would be favorable for a rebound in gold prices. However, if non-farm employment data unexpectedly exceeds 150,000, the strength of the U.S. dollar may continue, as strong U.S. employment data could eliminate the possibility of two rate cuts by the Federal Reserve this year. 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitmine ETH Treasury Grows Rapidly in 34 Days

Bitmine's ETH treasury was fully acquired in just 34 days, showing rapid accumulation and growing confidence in Ethereum.Why It MattersPotential Impact on the Market

Coinomedia2025/08/16 18:40
Bitmine ETH Treasury Grows Rapidly in 34 Days

Altcoin Market Breaks Out After 3-Year Pattern

TOTAL3 breaks out of a long-term inverse head & shoulders pattern—analysts suggest bullish momentum for altcoins.Dips Present Buying OpportunitiesFocus on the Macro Timeframe

Coinomedia2025/08/16 18:40
Altcoin Market Breaks Out After 3-Year Pattern

Ethereum Supply Shock Incoming as Exchange Reserves Plunge

Ethereum supply on exchanges is dropping rapidly, signaling a potential supply shock that could impact ETH prices.Why This Could Trigger a Supply ShockWhat This Means for Ethereum Investors

Coinomedia2025/08/16 18:40
Ethereum Supply Shock Incoming as Exchange Reserves Plunge

Bitcoin Miners Earn $37M in a Single Day

Bitcoin miners rake in over $37 million in profits, signaling strong network activity and investor interest.Transaction Fees Drive EarningsWhat This Means for Bitcoin Investors

Coinomedia2025/08/16 18:40
Bitcoin Miners Earn $37M in a Single Day