Tonight at 21:15, this ADP mini nonfarm payroll is not just any minor data—it’s the only guiding light in the absence of both nonfarm payrolls and CPI.

Currently, market expectations for a December rate cut are at their peak, but whether the cut will happen and by how much all depends on tonight’s employment data.
If the data is on the weaker side:
👉 The market will think, "Employment is cooling off, the Fed needs to step in quickly,"
👉 Rate cut expectations will heat up,
👉 Crypto and gold are likely to see a surge first.
If the data is on the stronger side:
👉 The market will feel, "Employment is so strong, the Fed won’t dare cut rates easily,"
👉 Rate cut expectations will cool down,
👉 High-flying assets might see a pullback.
In short: tonight marks a turning point.
The market may not go wild, but volatility is guaranteed.
For those trading, remember to control your position size; for those on the sidelines, keep an eye on 21:15 and decide on your direction after seeing the strength of the first minute candle. #广场发帖领$50