The US economic calendar is packed this week, with several key data releases upcoming.



On Wednesday, focus on three major indicators: ADP employment is expected to increase by 49K, serving as an early signal of the labor market and providing a rough direction for Friday's non-farm payroll data. The ISM Services PMI is expected to remain at 52.2, a crucial indicator covering the large service sector of the US economy, with significant influence on inflation and growth expectations. Additionally, the JOLTS job openings are expected to stay at 7.61 million, a figure that directly reflects the tightness of the labor market—the higher the number, the stronger employer demand, but it could also push wages higher, subsequently increasing prices.

Another important data point is the month-over-month industrial orders, expected to decline by 1.1%. While seemingly insignificant, this data actually reflects manufacturing trends and has subtle but ongoing impacts on risk asset pricing. The combination of data this week will provide critical insights for future Federal Reserve policy decisions, and crypto market investors should pay close attention.
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DegenWhisperervip
· 01-10 11:40
It's another data week, with three releases on Wednesday. I bet ADP will surprise to the downside; that's how history tends to play out. The small data before non-farm payrolls keeps hitting roadblocks, manufacturing orders are about to plunge again. This week's market movements are definitely dependent on the Federal Reserve's stance. PMI is stuck at 52, indicating they still want to cut rates but are afraid to. I'm just quietly watching the show. There are still 7.61 million job openings out there, and wage pressures are mounting. If this data doesn't decline, the Fed's mindset will be shaken. Wait, is everyone still obsessing over non-farm payrolls? I'm just watching to see if the Fed Chair will hint at anything this week.
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RamenDeFiSurvivorvip
· 01-09 21:01
Another week of data bombardment, three consecutive releases on Wednesday, feels like I’ll be staying up late watching the markets. If the 49K ADP report deviates, Friday’s non-farm payrolls might just blow up. ISM Services PMI is stuck at 52.2, which is a bit suspiciously stable... Is it real? Industrial orders fell by 1.1%, no one cares but I think this is the real hidden danger. Workers’ wages keep rising, and prices are soaring along with them, but in the end, it’s still us retail investors footing the bill. The Fed folks probably need a new excuse to adjust their policies again.
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GasOptimizervip
· 01-07 15:59
The 49K ADP data looks a bit thin. If this week's non-farm payrolls also turn out weak, the Federal Reserve under the old慈 will really cut interest rates for us... However, the 7.61 million job openings figure is a bit eye-catching. Employers are still aggressively hiring, but the ADP increase isn't proportional. The logic doesn't quite add up? It seems the market will need to reprice risk assets again, and those arbitrageurs on the chain are probably going to get busy again.
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ProofOfNothingvip
· 01-07 15:58
Another week of data bombardment, feels like the Federal Reserve is waiting for a reason to act. 49K job growth sounds stable, but if the services PMI really holds up, it's a bit uncertain... Wait, 7.61 million job openings? What does that mean, do we still need to keep raising interest rates? I'm a bit confused. Industrial orders fell 1.1%, that's the real concern, if manufacturing cools down, how can crypto do well? On Wednesday, I’ll be glued to the screen; with this round of data coming out, the coin price is likely to fluctuate.
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MrRightClickvip
· 01-07 15:41
Here it comes again. Every US data week is the same, with data pouring in one after another, and we have to stay on edge... --- ADP only 49K? Is this what you call a strong employment report? That's a bit ridiculous, brother. --- Non-farm week is the most annoying, with a bunch of data contradicting each other. Is the ISM really that important... --- Industrial orders are falling again? Manufacturing is completely hopeless then. --- This week's market is probably going to be tossed around quite a bit by these data releases. Should I stock up on stablecoins in advance? --- JOLTS remains so high... just wait, the next rate hike is coming again. --- Can three data points on Wednesday determine the entire month's trend? That's a bit exaggerated. --- Basically, it's all about whether the non-farm payrolls will continue to be hawkish; everything else is just a side show. --- Do crypto investors really need to keep an eye on these? I think it's just self-comforting, haha.
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