13:26
Strategist: The market's reaction to the US Non-farm Payrolls (NFP) data will overall be slightly positive.
Jin10 data reported on September 5th, Seema Shah, Chief Global Strategist at Signum Asset Management, stated: "Today's report achieves a rough balance on two fronts—strengthening market expectations that the Fed will continue to cut interest rates, while not yet triggering new concerns about an economic recession, so the overall market reaction should be slightly positive. However, worries about the health of the economy have begun to quietly emerge, and if the labor market conditions worsen further, this balance will soon be broken, at which point 'bad news will just be bad news.'"