According to BlockBeats, data from CME's 'FedWatch' tool indicates that the market currently assigns only a 4.8% probability to a 25 basis point rate cut by the Federal Reserve in January, with a 95.2% likelihood of rates remaining unchanged.
In related economic updates, the U.S. December ADP employment figures, often referred to as the 'small non-farm payrolls,' are set to be released tonight at 21:15 UTC+8. Expectations suggest a slight decrease in job additions, projected to fall to 140,000. Additionally, the weekly U.S. initial jobless claims data will be released earlier than usual, at 21:30 UTC+8.