According to Odaily Planet Daily, the latest US private sector employment growth ADP data will be released at 21:15 Beijing time on Wednesday. Due to the US government shutdown, investors will be unable to obtain non-farm payroll data for the second consecutive month, but scattered signs indicate that the economy is still maintaining growth, and employment is expected to improve.

The market expects the ADP data, often referred to as the "mini-nonfarm payrolls," to show that U.S. private companies added 28,000 jobs in October. This would be a significant reversal from the previous month, when the ADP report showed a loss of 32,000 jobs, primarily due to a sharp decline in the service sector.

Economists warn that private sector survey data may be overestimated due to a lack of official data, potentially triggering unusual volatility.

It will take some time before the BLS releases official data to verify or refute these signals from the job market. The October nonfarm payroll report was originally scheduled for release this Friday, but due to the record-long federal government shutdown, it is unclear when the data will be released.