Institutions: This week's non-farm payroll data is more likely to be hotter than expected

Jinse Finance reported that analysts at Monex Europe stated in a report that if the non-farm payroll data released on Friday exceeds expectations, the US dollar may receive some support as a result. "We believe that the August data will show the labor market remains relatively robust, with a higher likelihood of hotter-than-expected figures." This could shift the market's focus back to inflation risks, as the August inflation data will be released before the Federal Reserve's September meeting. If the Federal Reserve places greater emphasis on inflation risks, it may not be able to implement rate cuts for the entire year. Such a scenario would prompt the market to raise interest rate expectations and drive the US dollar stronger.