Later at 21:15, the ADP non-farm employment change will be announced on November.
In the absence of core non-farm and CPI data before the Federal Reserve's December interest rate decision, this data is almost the only employment signal the market can reference.
Currently, the market has a strong expectation for a rate cut in December,
and the performance of the ADP will directly affect the strength of this expectation.
Regardless of whether the result is strong or weak,
the cryptocurrency market, gold, and other risk and safe-haven assets may experience short-term fluctuations.
In terms of operation, remain calm, use light positions to respond, and avoid chasing highs and lows around the data release.
