QCP Capital: Friday's non-farm payrolls report will lock in market bets on the Fed's next move

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Cointime2024/10/30 11:12

By:Cointime

QCP Capital pointed out that the focus of this week is the non-farm payrolls report on Friday, which is a key indicator of the health of the US job market, with a general expectation of about 110,000, about half of the previous figure. As the last important data before the Fed meeting next Friday, the report is expected to lock in market bets on the Fed's next move. In addition, with swing states such as Nevada and Pennsylvania possibly turning the tide, Trump appears to be gaining support in polls.

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