“Walsh Era” First Nonfarm Payrolls Report to Be Released Tonight at 20:30, Market Bracing for Significant Volatility

Odaily, March 5 – The US May nonfarm payrolls report will be released tonight at 20:30 Beijing time, with market expectations pointing to a slight decline. This marks the first nonfarm payrolls report since Fed Chair Walsh took office, making it the first substantive test of his policy stance. Previously, the "ADP" employment data surprised to the upside, highlighting strong resilience. Meanwhile, the prospects for a US-Iran peace agreement remain unclear, and geopolitical uncertainties persist. Significant market volatility is anticipated at the time of the release, so please be mindful of the risks. (Jinshi Data)