German Commercial Bank: Tonight's US non-farm payroll report will indicate whether data collection is influenced by politics.

On September 5, Thu Lan Nguyen, head of forex and commodity research at Deutsche Bank, stated that regarding today’s non-farm employment data, there is one more thing to watch: weak employment growth will not only impact U.S. monetary policy but also reveal whether the dismissal of the head of the department responsible for statistics has affected data collection. Deutsche Bank's U.S. experts have warned that the annual Benchmark revision data will be released on September 9 — last year's revision led to a significant downward adjustment of employment data. They also found that actual employment dynamics may be weaker than the data previously released by the Bureau of Labor Statistics. From this perspective, the dollar faces significant resistance, as (weak) data may inject new momentum into rate cut speculation. Conversely, given the current political pressures, if the report is unexpectedly strong, caution should also be exercised. ( Jin10 )