The release of unemployment data did not cause significant market fluctuations, as the market had already priced in this expectation. It seems that the panic sentiment has been absorbed in advance.

Today's main event is here—an entire day filled with data and events to keep traders busy:

In the morning, Trump will negotiate with oil company executives regarding Venezuela's oil extraction; the US Supreme Court will also rule on the legality of Trump's tariffs; Bloomberg Commodity Index is undergoing its annual rebalancing. Plus, Trump himself will attend a policy meeting, making for many policy highlights.

On the data front, a series of indicators are being released, including China's December CPI year-over-year, Germany's industrial production and trade balance, France's industrial output, Switzerland's unemployment rate, and Eurozone retail sales. But the most critical are the US indicators—December unemployment rate, non-farm payrolls, average hourly wages, along with leading indicators like new housing starts and building permits, and finally January's initial inflation expectations and the University of Michigan Consumer Sentiment Index.

Canada’s December employment figures are also worth watching. The Federal Reserve’s Kashkari will participate in an informal discussion. Overall, today’s market faces a particularly large amount of information, especially with the combined effects of policy and employment data.