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Market eyes Non-Farm data: Will there be a rate cut in Dec?
Nonfarm employment in the United States increased by 227K in November, comfortably surpassing the forecasted number of 202K. Unemployment re Show More
Nonfarm employment in the United States increased by 227K in November, comfortably surpassing the forecasted number of 202K. Unemployment remained stable from October at 7.1 million, with the unemployment rate at 4.2%. The labor force participation rate also changed slightly, at 62.5%.

Traders now estimate an 85% likelihood of a rate cut in December, up from 67% before the report.

🎙️Discussion
1. Do you agree with traders' expectations regarding interest rate cuts?
2. What industries do you see benefiting from potential rate cuts?
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