ChainCatcher news, according to Jinshi, Dom Wilson, senior market advisor at Goldman Sachs, said that the focus of the market and most of the volatility obviously came from the post-election shift. The Federal Open Market Committee (FOMC) in November delivered a message of "steady progress", so it may take a really big surprise to drive the market.
Dom Wilson said that the warming data may fuel the argument that the fight against inflation is not over yet and cause the market to further reduce the probability of a December rate cut, especially considering the background of a more positive inflation cycle that the market has priced in since the election.