TechFlow news — On January 8, according to Jinshi News, the U.S. will release its December ADP employment report tonight at 21:15 (Beijing time), with market expectations forecasting 140,000 new jobs, a decline from the previous figure. At 21:30 on the same day, the weekly initial jobless claims data will also be published.
Prior releases of job vacancy and PMI data have already led markets to scale back expectations for a Fed rate cut before July. Market participants are watching whether this round of employment data could revive prospects for a Fed rate cut, and investors should remain cautious of associated risks.
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