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The US is about to restart the government, and although the interest rate cut is still unclear, the probability has risen to 64%.

Today, Jefferies global economist Mohit Kumar stated in a report
The prospect of the U.S. government restarting will eliminate several risks for the market, which should boost risk assets. 👉 With the Senate passing the stopgap spending bill, a government shutdown is likely to end this week 👈
He believes that clearing positions will eliminate one of the resistances to risky assets, but uncertainty surrounding Federal Reserve policy still exists. If subsequent data is insufficient to prove weakness in the labor market, the Federal Reserve may delay a rate cut in December.

According to data from the London Stock Exchange Group, the currency market currently predicts a 64% probability that the Federal Reserve will cut interest rates by 25 basis points in December.

The market is gradually warming up. Where will the future leaders be? It might be worth making a small bet on Musk's little dog, which could bring you unexpected returns.

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