Investinglive analyst Justin Low stated that all eyes are on the non-farm payroll data, with market participants awaiting the news to react. Currently, traders expect the Federal Reserve to cut interest rates by approximately 60 basis points cumulatively this year, and have already priced in a further 25 basis point rate cut at the June meeting. Yesterday's weak consumer picture naturally reinforced this expectation. If today's non-farm payroll data is strong and the unemployment rate stabilizes, it suggests that the Fed may keep interest rates unchanged for a longer period. In an optimistic scenario, this could significantly reduce the risk of rate cuts in the first half of the year. However, given the mixed signals from yesterday's US consumer data, it is too early to completely rule out the possibility of further rate cuts in June or July. (Jinshi)