According to the schedule, the US will release non-farm payrolls data for August this Friday. According to economists' predictions compiled by Bloomberg, the number of new jobs is expected to be between 100,000 and 208,000, with a median value of 163,000, and the unemployment rate is expected to gradually decline to 4.2%. At a time when economic growth is the only focus of the market, these data are likely to affect market sentiment. It is worth noting that the non-farm payrolls data in July triggered a general decline in capital markets in early August. Powell previously said at the central bank's annual meeting in Jackson Hole, Wyoming, that the direction of future policy is clear, but the timing and pace of rate cuts will depend on the balance of new data, the changing outlook, and risks.