TechFlow news, December 1: The dollar is weakening as recently released U.S. economic data could influence market expectations for the Federal Reserve's rate-cutting cycle. The ISM manufacturing survey will be released tonight at 23:00, followed by the ISM services report on Wednesday. Other data this week include Wednesday’s ADP private employment report. Due to the recent U.S. government shutdown, key employment and inflation data will not be released until after the Fed’s policy decision on December 10, with markets expecting another rate cut. Amid uncertainty over the future pace of rate cuts, other data are becoming increasingly important. (Jinshi)
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