[macro outlook] pay attention to the nightly US non-farm payrolls report in August

Published: Sep 04, 2020 06:08 (GMT+8)

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SMM9 March 4: today, we pay attention to the August non-farm payrolls report in the United States. After the quarterly adjustment of non-farm payrolls in August, the changes in non-farm payrolls reflect the development and growth of the manufacturing industry and the service industry. The decrease in figures means that enterprises reduce production and the economy enters a depression. In the absence of hyperinflation, a significant increase in the figures shows that a healthy economy should be good for the dollar and may herald a higher interest rate, as well as good for the dollar. If the non-farm payrolls index increases, it reflects the rise of economic development, and vice versa.

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