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@fqo
According to CoinDesk, the US ISM8 manufacturing PMI report released today shows that the US economy continues to shrink. According to the Chicago Mercantile Exchange's (CME) Federal Reserve's customary data, traders have increased the probability of the Fed cutting interest rates by 50 basis points in September from 30% a day ago to 39% due to weak data. However, the bet on popularity remains at 25 basis points, or 61%. The main event of macro news in the United States is still Friday's August employment report, which may also be the final determining factor for the Federal Reserve to raise interest rates by 25 or 50. Economists predict that employment will rebound from 114000 in July to 160000. The unemployment rate is expected to decrease from 4.3% to 4.2%. @seunghhh
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