The highlight of next week’s data will be Friday, September 6,’s Nonfarm Payrolls Report for August. July’s jobs report was weak and was likely the final straw that forced the Fed to promise a rate cut in September. Currently, however, market expectations are for only a modest 25 basis point cut by mid-September. A second consecutive weak jobs report, however, could cause investors to quickly price in a 50 basis point move by the central bank, delivering a strong positive shock to risk markets, bitcoin among them.