A series of employment data will be released in the US tonight, and the probability of a rate cut has reached 94%.

ChainCatcher News, according to the schedule, tonight at 20:30 the US November Challenger job cuts data will be released; at 21:30, the number of initial jobless claims for the week ending November 29 in the US will be announced, with an expected value of 220,000.

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

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