September US Non-farm Payrolls (NFP) data is mixed, and there are still divergences regarding the Fed's rate cut outlook in December.

According to ChainCatcher news and Jin10 reports, the signals from the September US Non-farm Payrolls (NFP) data are mixed, leading to a divergence in market expectations for a rate cut by the Fed in December. Financial brokerage XTB believes that the persistently rising unemployment rate may trigger a rate cut decision. Goldman Sachs Asset Management points out that despite the recent hawkish tones, weak hard data and inflation close to the target will drive policy developments. Sparta Securities expects the Fed may choose to cut rates by 25 basis points in December, while CITIC Securities believes that changes in the unemployment rate will affect the rate cut decision. TD Securities states that the September non-farm payroll report simultaneously corroborates the views of both the hawks and doves, with the market's pricing for a December rate cut being readjusted to “fifty-fifty.”