Prior to the ADP nonfarm payrolls release, the probability of a Federal Reserve rate hike in December stands at 81.2%.

TechFlow reported on November 4: ahead of the release of the U.S. October "non-farm payroll" report, according to the CME FedWatch Tool: the probability of the Federal Reserve holding interest rates unchanged in December is 18.8%, while the probability of a 25-basis-point rate hike is 81.2%. The probability of the Federal Reserve maintaining unchanged rates by January next year is 14%, the probability of an accumulated rate increase of 25 basis points is 65.5%, and the probability of an accumulated rate increase of 50 basis points is 20.5%.