The US Non-farm Payrolls (NFP) for September have just been released, showing an increase of 119,000 in employment, the highest level since April. Previously, the market expected only 50,000, but the result was more than double that. The unemployment rate slightly rose to 4.4%, which is basically in line with expectations.



What does this data indicate? The job market is actually quite stable. The Federal Reserve is likely to reassess the pace of interest rate cuts - originally, everyone was hoping for significant monetary easing, but now it seems they need to be more cautious. The hawks and doves will probably start a new round of game-playing.

For the market, don't expect any major trends driven by policy stimulus in the short term. It is very likely that we will see sideways fluctuations, gradually digesting the previous gaps. Maintain a steady mindset and avoid chasing rises and selling on dips.
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GasFeeCriervip
· 11-21 12:22
It's like this again, as soon as the data is good, we have no chance. 119,000 doubled directly, the Fed has to hold it, no rate cuts. Those days of sideways fluctuations were really tough, whoever can endure it wins. It's during times like this that it's easiest to be played people for suckers, you have to hold on tightly to your coin.
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notSatoshi1971vip
· 11-21 04:46
Here comes messing with my mentality again, the rate cut expectation is directly dashed The Federal Reserve is really bad, if employment data is good, they won't ease anymore Consolidation isn't a bad thing, at least don't crash again This data feels like it’s just paving the way to wipe out the shorts 119,000 vs 50,000 expected, the market is about to reprice Wait, is this going to start grinding at the bottom again Mindset is the most important, I’ll just relax, hold my coins, and watch the show
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LayerHoppervip
· 11-20 15:37
Alright, it's the same old story from the Fed, looks like no rate cuts. Wait, 119,000 doubling? This data is a bit crazy, no wonder the doves are struggling. Sideways fluctuations, it's the same narrative again, who believes this? Non-farm payrolls exceeded expectations again, I'm really tired of this "surprise." Fed: I've changed my mind, let's continue raising rates for fun. With employment this strong, the retail investors' dreams of rate cuts are shattered. Sigh, back to waiting for news, I still want to buy the dip. Good data actually turns out to be bad; how are we supposed to make money? Stay calm? Forget it, this kind of sideways market is the easiest to break people. It's strange, even strong non-farm data isn't favourable information; this market is really amusing.
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