In September, the United States added 254,000 non-agricultural jobs, which far exceeded the expected 150,000. Correspondingly, the unemployment rate also dropped from 4.2% last month to 4.1%, the lowest point in three months. This is undoubtedly a shot in the arm for the market. It shows that the US economy is in good condition and alleviates the market's concerns about economic recession. It also suggests that the Federal Reserve may cut interest rates by 25 basis points. In September, the Federal Reserve has already cut interest rates by 50 basis points, so the market is full of expectations for the rate cut in November.

The September employment data basically dispelled everyone's idea of ​​a sharp interest rate cut in November, and the market began to pay attention to the 25 basis point rate cut again.

According to CME's forecasting tool, the market expects that the probability of a 25 basis point interest rate cut in November has risen to 97.4%, a lot higher than the 67.9% the day before. #非农人数大幅升温 #HBO纪录片或揭示中本聪身份 #灰度拟推出AAVE信托基金