Odaily Planet Daily reported that Thu Lan Nguyen, head of foreign exchange and commodity research at Commerzbank, pointed out that there is another point to pay attention to regarding today's non-farm payroll data: weak job growth will not only have an impact on US monetary policy, but will also reveal whether the "dismissal of the head of the department responsible for statistics" has affected data collection.

Commerzbank's US experts have warned of the annual benchmark revisions due on September 9th – which led to a significant downward revision to employment figures last year. They also found that actual employment dynamics could be weaker than previously reported by the Bureau of Labor Statistics. From this perspective, the US dollar faces significant resistance, as (weak) data could inject new momentum into speculation about a rate cut. Conversely, given the current political pressures, any unexpectedly strong report should be viewed with caution. (Jinshi)