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Crucial August jobs data: How will markets move?
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Organize the important events worth paying attention to in September.

Fed interest rate meeting: The Fed's monetary policy decisions have a significant impact on the global economy. The September interest rate meeting of the Fed is highly anticipated, with the market almost completely pricing in a rate cut. However, there is a debate about the magnitude of the rate cut. The CME FedWatch Tool shows that the market is betting a 64% probability of a 25 basis point rate cut in September, and a 36% probability of a 50 basis point rate cut.

Non-farm Payrolls Report: The August non-farm payrolls report, which will be released on September 6, is one of the focal points of the market. Employment data has a significant impact on the Federal Reserve's monetary policy decisions, and Goldman Sachs has increased its risk assessment of a US economic downturn due to the rise in unemployment. Federal Reserve officials have also indicated that the extent of interest rate cuts will depend on labor market data, such as if the August non-farm payrolls report is better than July, the unemployment rate no longer rises further, and the number of unemployment claims remains stable at around 0.23 million, it may prompt the Federal Reserve to cut rates by 25 basis points.

- Initial Jobless Claims: Also an important economic data that the market pays attention to, it reflects the condition of the US labor market.

- Jackson Hole Global Central Bank Symposium: It will be held next week, and Federal Reserve Chairman Powell's speech will provide more clues about the direction of monetary policy for the market.

- Corporate Earnings Disclosure: Some large companies will disclose their earnings reports one after another, such as retail industry reports. Consumption is an important driving force for US economic growth, and corporate earnings reports can reflect the situation of US consumer spending. If the reports show a slowdown in consumer spending, it may affect market sentiment and economic expectations.
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