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Deutsche Bank: Any signs of weakness in the September US Non-farm Payrolls (NFP) data will be magnified.
BlockBeats news, on November 20, Deutsche Bank analysts pointed out in a report on Thursday: “Market attention is quickly shifting to this belated September non-farm report - we should have received this data nearly 7 weeks ago.” They added: “Generally speaking, data from months ago does not have a significant impact, but whether a rate cut can happen in December is likely to depend on whether this data is weak - this possibility does exist, especially when the employment market's balanced growth rate for 2025 is at such a low level, any signs of weakness will be particularly noticeable.” (Jin10)