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Headboy
Currently, the market's expectation for a December rate hike is close to 80%, which is already quite high.
Tomorrow's non-farm payrolls are expected to increase by 65,000, while the previous figure was only 29,000.
I think there's an interesting point this time: the market's tolerance for employment data might already be very limited.
If the data is strong, it will further reinforce rate hike expectations, and risk assets will continue to be under pressure.
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