#美国10月非农出炉:降息还有戏吗? The U.S. October jobs report is due Friday. How might BTC and the Nasdaq move? 👀
The report is scheduled for release at 9:30 p.m. Beijing time on November 6. Markets currently expect about 62,000 new jobs, an unemployment rate of 4.2%, and a 0.3% monthly increase in average hourly earnings.
If employment and wages both come in stronger than expected, markets may scale back expectations for rate cuts, pushing the dollar and Treasury yields higher. The Nasdaq could come under pressure, and BTC may also be affected by cooling risk appetite.
If the data comes in weak, expectations for rate cuts may rise, supporting the Nasdaq $QQQ and $BTC . But if the weakness is severe enough to stoke recession fears, safe-haven selling could come first.
The key is how the data compares with expectations, and how the dollar, Treasury yields, and risk assets actually react after the release.
* NFA, DYOR