The market has now fully priced in the possibility of a September rate cut by the Federal Reserve

Odaily Planet Daily News: Adam Button, an analyst at the financial website Forexlive, said that the June ADP employment number was the worst reading since March 2023. It is a difficult time before the release of non-farm payrolls tomorrow. There is also a saying that household-based data points to a weak market. The market is currently fully priced in the possibility of a rate cut in September, with a probability of a 50 basis point cut of 22%. (Jinshi)