The number of non-agricultural employees can reflect the development and growth of manufacturing and service industries. The reduction in quantity means that enterprises reduce production and the economy enters a depression.

Taking crude oil futures as an example, the high non-agricultural employment data proves the healthy development of the US job market, and the rising employment rate indicates that the US economy is prosperous, which will lead to the rise of the US dollar. In most cases, the trend of crude oil and the dollar is negatively correlated.

Therefore, non-agricultural data is better than expected, which will generally boost the dollar and suppress crude oil prices; On the other hand, the recession in the United States will depress the dollar and support the rise in crude oil prices.

Futures are mainly not commodities, but standardized tradable contracts with cotton, soybeans, oil and other bulk products and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.

The delivery date of futures can be one week later, one month later, three months later or even one year later.

A contract or agreement to buy or sell futures is called a futures contract.

The place where futures are bought and sold is called the futures market.

Investors can invest or speculate in futures. Most people think that improper speculation in futures, such as short selling without goods, will lead to financial market turmoil, which is not correct. Going long and shorting at the same time is a healthy and normal trading market.