Analyst: Small Nongmin falls significantly short of expectations, market has fully priced Federal Reserve's September rate cut

According to BlockBeats, on July 2nd, Adam Button, an analyst at the financial website Forexlive, stated that the June ADP employment figures were the worst reading since March 2023. This is a difficult time before the release of non farm payroll data tomorrow. Another theory is that household based data points to a weak market. The market has fully priced the possibility of a rate cut in September, with a probability of a 50 basis point cut of 22%. (Golden Ten)