Group 1 - The Ministry of Finance and the State Administration of Taxation announced that starting from August 8, value-added tax will be reinstated on interest income from newly issued government bonds [1] - The People's Bank of China expressed its commitment to support the stable operation of the capital market and optimize the use of two policy tools related to capital market support [1] - The Shanghai Stock Exchange will closely monitor stocks with abnormal fluctuations, including ST Yazhen and others, indicating heightened scrutiny on market volatility [1] Group 2 - In the United States, non-farm employment increased by 73,000 in July, which was below the expected increase of 110,000 [1]

（文章来源：新华财经） 美国7月季调后非农就业人口新增7.3万人，预期11万人，前值由14.7万人修正为1.4万人。 ...

美国7月非农就业人口变动 7.3万人，预期 10.4万人，前值 14.7万人。 ...

美国7月新增非农就业人口7.3万人，低于市场预期的11万人（5个月以来首次不及预期）；失业率4.2%，符合预期。7月平均每小时工资年率3.9%，小幅高于预期的3.8%。 ...

美国7月失业率 4.2%，预期 4.2%，前值 4.1%。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 ...

美国7月非农就业人口增加7.3万人，预期增加11万人，前值增加14.7万人。美国7月失业率为4.2%，预 期为4.2%，前值为4.1%。 ...

Core Insights - The U.S. non-farm payrolls for July increased by 73,000, which is significantly below the expected increase of 110,000 and a substantial revision from the previous value of 147,000, which was adjusted down to 14,000 [1] Summary by Category - **Employment Data** - July's adjusted non-farm employment figure stands at 73,000, falling short of market expectations of 110,000 [1] - The prior month's employment figure was revised down from 147,000 to 14,000, indicating a notable decrease in job creation [1]

美国7月季调后非农就业人口及失业率、平均每小时工资月率及年率将于十分钟后公布。 （文章来源：金十数据） ...

Group 1 - The U.S. non-farm payrolls and unemployment rate for July, along with average hourly wage growth on a monthly and yearly basis, are set to be released shortly [1]

Group 1 - The U.S. non-farm payroll data for June showed an increase of 147,000 jobs, exceeding the expected 110,000, with the previous value revised from 139,000 to 144,000 [1] - The unemployment rate for June fell to 4.1%, lower than the expected 4.3% and the previous value of 4.20% [1] - Average hourly wage growth for June was 0.2% month-over-month, below the expected 0.3%, and the year-over-year growth was 3.7%, also below the expected 3.9% [1] Group 2 - Following the non-farm data release, traders reduced bets on a July rate cut by the Federal Reserve, with the probability of a September rate cut now at approximately 80%, down from 98% before the report [2] - The report indicated that job growth was primarily in government positions, with state and local government jobs increasing by 73,000, while federal government jobs decreased by 7,000 [2] - The construction sector saw an increase of 15,000 jobs in June, marking the largest gain since December of the previous year [2] Group 3 - Analysts noted that the employment report does not urgently call for an immediate rate cut by the Federal Reserve, as job growth has consistently exceeded expectations [3] - The decline in the unemployment rate may be linked to shrinking immigrant labor, with the number of foreign-born workers decreasing to 32.6 million in June from 33.7 million in March [3] - The employment report provided support for the U.S. dollar, indicating a resilient labor market despite some moderation in private employment data [3]