The data to be announced tonight for November #失业率 and #非农就业数据 , due to missing data in October and significant fluctuations in November data, if a slightly higher than market expectations unemployment rate of 4.4% can be provided, while non-farm job additions slightly below 50,000 signal a mild softness, it may be the ideal outcome.
Because data that is too strong will suppress market expectations for interest rate cuts in 2026, while data that is too weak may trigger concerns about a recession. This year, the Federal Reserve's operational space is quite limited, almost always weighing between advancing and retreating.
