Market Awaits US Nonfarm Payroll Data Amid Volatility Concerns

According to Odaily, Deribit's Asia-Pacific Business Head, Lin, stated on the X platform that the market is anxiously awaiting the release of the US nonfarm payroll data at 8:30 PM UTC+8. The implied volatility (IV) in the options market has surged as a result. The current market sentiment is highly sensitive, and if the data is unfavorable, with the unemployment rate falling below 4.3%, a significant downturn is expected.