The U.S. non-farm payroll report for January will be released tonight at 21:30, possibly showing a "million-level" downward revision

According to Jinshi News, the U.S. January non-farm payroll report will be released at 21:30 Beijing time tonight, and Wall Street warns that the data is likely to fall short of expectations. The market is focused on the annual benchmark revision, with expectations that over a million jobs will be directly wiped out by 2025, and the overall employment trend will be recalibrated, which will affect the Federal Reserve's assessment of the pace of interest rate cuts.