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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Here it comes! The latest unemployment rate and the major non-farm payroll data from the United States are out. Is this favourable information this time?
As shown in the figure, the unemployment rate is higher than expected, which is Favourable Information. However, the number of employed people is lower than expected, which is also Favourable Information!
The current market logic is whether the Federal Reserve can lower interest rates in September, which is favourable information. The rising unemployment rate and declining employment numbers will prompt the Federal Reserve to cut interest rates, so these two are favourable information. Recently, the market has been quite volatile, so don't be too aggressive, everyone~🐰