According to CoinMeta, based on early monitoring of in, the number of non-farm jobs in the United States decreased by 23,000 in July, with the unemployment rate falling to 4.1%. The data for May and June were revised downward. The Bank of Japan signaled an interest rate hike, and joint intervention in the foreign exchange market by Japan and the US has affected the global arbitrage trading structure. Markets are closely watching the July CPI data and the efficiency of AI industrial capital in the US. Analysis indicates that the coexistence of negative growth in non-farm employment and a declining unemployment rate reveals a sharp divergence within the labor market structure. Stagnation in employment growth has directly weakened the momentum of economic expansion, forcing markets to re-evaluate the risk of a US economic recession. This data outcome has strengthened market expectations for an accelerated pace of interest rate cuts and has triggered a reallocation of global capital towards safe-haven assets.