Just released non farm payroll data. As expected, the unemployment rate has slightly decreased back to 4%, lower than the previous value. This data is not very good, indicating that the current labor market is still strong, and the decline in non farm employment is still quite significant, significantly lower than expected. This data is still acceptable, and wage growth is also increasing. Overall, the labor market has not cooled down significantly, which may not meet the expectations of some Federal Reserve officials. But it also demonstrates the strength of the US economy. The possibility of a March interest rate cut is almost non-existent, of course not in the first place. The current labor data will further reduce the probability of a March interest rate cut, which is within market expectations. Let's take a look at the March chart first. To be honest, the current macroeconomic data is of limited help to the market. After all, Powell himself has already said that the attention on the labor market is not very high, so it's better to look more at inflation data, especially housing inflation. Overall, today's labor data is positive for the economy, but not conducive to the Federal Reserve increasing the frequency of interest rate cuts. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex