Tonight the US will release a series of employment data, with the probability of a rate cut as high as 94%.

By: theblockbeats.news|2025/12/04 10:45:59

BlockBeats News, December 4th. According to the schedule, tonight at 20:30 ET, the US November Challenger Job-Cut Report will be released; at 21:30 ET, the US initial jobless claims for the week ending November 29th will be announced, with an expected value of 220,000.

In addition, at 23:00 ET, the US November Global Supply Chain Pressure Index and the US September Factory Orders Month-over-Month will also be released.

Although tonight's employment data is relatively important, the market is currently heavily pricing in a 25 basis-point rate cut by the Federal Reserve in December. At the time of writing, the probability of this event on Polymarket has reached as high as 94%.

Interest rate decisions by major central banks such as the Federal Reserve are significant macroeconomic events impacting global financial markets, directly influencing market liquidity expectations and risk appetite. As the cryptocurrency market continues to develop and its trading structure and participants mature, the crypto market is gradually being incorporated into the macroeconomic pricing system.

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