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The latest non-farm payroll data was expected to bring Favourable Information, but market turmoil was triggered by the Labor Department's significant revision of the previous two months' data. This unexpected situation led to a decline in investor confidence, causing capital to flee, resulting in a simultaneous drop in the three major U.S. stock indices, which in turn affected the Crypto Assets market.
However, from another perspective, this situation may bring new opportunities for economic policy. There are opinions that this employment report could become an important factor driving the Federal Reserve to adjust its monetary policy. If the Federal Reserve takes measures to cut interest rates as a result, especially emergency rate cuts, it will undoubtedly provide a strong positive stimulus to the market.
It is worth noting that while potential interest rate cuts may spark market enthusiasm in the short term, some analysts point out that this could signal the impending end of the current bull market cycle. Therefore, investors need to cautiously assess long-term economic trends and investment strategies while paying attention to short-term market reactions.
Overall, the impact of this non-farm data far exceeds expectations, not only reflecting changes in the employment market but also highlighting the profound influence of economic data on financial markets and policy-making. The future direction of the Federal Reserve's decisions will continue to be the focus of market attention, and its impact on economic growth, inflation levels, and the prices of various assets is also worth our continued observation.