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Stronger-than-expected US non-farm payrolls data has raised the probability of a September rate hike to around 60%, with the market closely watching next week's CPI.

Stronger-than-expected US non-farm payrolls data has raised the probability of a September rate hike to around 60%, with the market closely watching next week's CPI.

U.S. nonfarm payroll data for August significantly exceeded expectations, further widening market divergence regarding the Federal Reserve's policy direction in September. Strong job growth indicates the continued resilience of the U.S. economy and has led to a renewed upward revision of market expectations for a Fed
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