Affected by factors such as the US non farm payroll shock, the probability of the Federal Reserve cutting interest rates in September has surged to 80.3%

BlockBeats News: On August 3rd, this week, the US saw only 73000 non farm payroll additions in July, far below expectations, and the May and June data were significantly revised down. In addition, Federal Reserve Governor Kugler will resign next week, allowing Trump to appoint a favored candidate in advance. Affected by the above news, the probability of the Federal Reserve cutting interest rates by 25 basis points in September on CME's "Federal Reserve Watch" has surged to 80.3%. Before the non farm payroll data, this figure was only 41.3%.