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TechFlow news, December 6 — U.S. November nonfarm payroll data will be released tonight at 21:30 Beijing time. According to CME's "Fed Watch" data, the market currently expects a 71.8% probability of a 25-basis-point rate cut by the Federal Reserve in December. The market anticipates an addition of 200,000 jobs in November, compared to the previous figure of 12,000; the expected unemployment rate is 4.2%, up from the prior 4.1%.
The U.S. November non-farm payroll data will be released tonight at 21:30 Beijing time. According to CME's "FedWatch" data, the market currently expects a 71.8% probability of a 25-basis-point rate cut by the Federal Reserve in December. The market anticipates an addition of 200,000 jobs in November, compared to the previous figure of 12,000; the unemployment rate is expected to be 4.2%, up from the prior 4.1%.
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