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The US Non-farm Payrolls (NFP) data is good, much better than I expected. The unemployment rate is still at 4.2%, and the employment population is also rising, indicating that the resilience of the US economy is still quite good, further undermining the probability that The Federal Reserve (FED) will cut interest rates ahead of time. There is temporarily no unfavourable information in the market. We will have to see next week.
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