TechFlow news, January 10 — The U.S. December nonfarm payrolls report will be released at 21:30 Beijing time tonight. The expected U.S. unemployment rate for December is 4.2%, with an anticipated seasonally adjusted nonfarm payroll increase of 160,000.
Senior economist at Interactive Brokers warns that if tonight's U.S. nonfarm payroll data comes in too strong, it could trigger a stock market sell-off. Analysis indicates that if nonfarm employment exceeds 200,000 and the unemployment rate remains stable or declines, the 10-year U.S. Treasury yield could rise to 4.80%, potentially causing the S&P 500 Index to drop as much as 2%.
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