火星财经消息，法国巴黎银行分析师安德鲁·赫斯比表示，美国 11 月就业可能出现反弹，但非农就业报告可能只是模棱两可，仅足以维持美联储 12 月降息的决定。预测新增就业人数将达到 22.5 万，高于《华尔街日报》调查中一致预期的 21.4 万。赫斯比预计，10 月份因飓风和波音罢工而受到抑制的 1.2 万个新增就业岗位数字将被修正。美国大选前的不确定性可能也在一定程度上抑制了 10 月份的招聘活动。赫斯比补充说，恶劣天气可能也限制了 10 月份的劳动力参与率，而 11 月份的反弹可能会使失业率从 4.1%上升至 4.2%。（金十）

<div>火星财经消息，法国巴黎银行分析师安德鲁·赫斯比表示，美国 11 月就业可能出现反弹，但非农就业报告可能只是模棱两可，仅足以维持美联储 12 月降息的决定。预测新增就业人数将达到 22.5 万，高于《华尔街日报》调查中一致预期的 21.4 万。赫斯比预计，10 月份因飓风和波音罢工而受到抑制的 1.2 万个新增就业岗位数字将被修正。美国大选前的不确定性可能也在一定程度上抑制了 10 月份的招聘活动。赫斯比补充说，恶劣天气可能也限制了 10 月份的劳动力参与率，而 11 月份的反弹可能会使失业率从 4.1%上升至 4.2%。（金十）</div>

法巴银行：非农就业报告料好于预期，仅足以维持美联储12月降息的决定

The news from Mars Finance states that Andrew Hespie, an analyst at BNP Paribas, said that the US employment in November may rebound, but the non-farm payroll report may be ambiguous and only sufficient to maintain the Fed's decision to cut interest rates in December. He forecasts that the number of new jobs added will reach 225,000, higher than the consensus expectation of 214,000 in The Wall Street Journal survey. Hespie expects that the figure of 12,000 new jobs added in October, which was suppressed by hurricanes and the Boeing strike, will be revised. The uncertainty before the US election may also have suppressed hiring activities to some extent in October. Hespie added that inclement weather may also have limited the labor force participation rate in October, and the rebound in November may cause the unemployment rate to rise from 4.1% to 4.2%. (Gold Ten)

According to the news from Mars Finance, Andrew Hershey, an analyst at BNP Paribas, said that the US employment in November may rebound, but the non-farm payroll report may be ambiguous and only sufficient to maintain the Fed's decision to cut interest rates in December. He predicted that the number of new jobs added will reach 225,000, higher than the consensus expectation of 214,000 in the Wall Street Journal survey. Hershey expects that the figure of 12,000 new jobs added in October, which was suppressed by hurricanes and the Boeing strike, will be revised. The uncertainty before the US election may also have suppressed hiring activities to some extent in October. Hershey added that the inclement weather may also have limited the labor force participation rate in October, and the rebound in November may cause the unemployment rate to rise from 4.1% to 4.2%.

BNP Paribas: Non-farm payrolls expected to be better than expected, just enough to maintain the Fed's decision to cut interest rates in December

Odaily Planet Daily Report: The recent US data flow has not helped to boost the US dollar. The ISM service industry survey shows that after the US presidential election in November, the decline in business confidence was greater than expected, while the ADP employment report and the latest initial jobless claims still indicate that the labor market is softening. The market generally expects non-farm employment to grow by 200,000, so the threshold for an upward surprise is relatively high. Unless there is a significant upward surprise today, we expect the Fed to cut rates by 25 basis points this month. If the rebound in employment growth is stronger than expected, it may trigger a new upward momentum for the US dollar, helping to boost investor optimism, that is, after Trump's victory in the US election and the "red tide", the US economy may strengthen. Conversely, if the rebound in employment growth is weaker than expected, this may trigger a deeper correction in the US dollar, although we still expect the US dollar to further strengthen in the first half of next year when Trump's second term begins. (Gold Ten)

MUFG: The threshold for an upward surprise in non-farm payrolls is high

Here is the English translation, with the content within <> left untranslated:

According to a report by ChainCatcher, data from the US Department of Labor shows that the number of initial jobless claims increased slightly last week. The number of initial jobless claims in the week ending November 30 was recorded at 224,000, compared to 215,000 in the previous week. Economists surveyed by The Wall Street Journal had previously forecast that the number of initial jobless claims in the most recent week would be 215,000. The number of continuing jobless claims fell to 1.87 million, compared to 1.90 million in the previous week. The data shows that the number of initial jobless claims has risen, but remains relatively stable. The November employment report will be released on Friday. Analysts expect that after the October employment data was affected by hurricanes and the Boeing strike, the November employment report will show a significant rebound in employment.

After the US initial jobless claims data showed the labor market may be softening, US Treasury yields lost some momentum, and the US dollar weakened, which strengthens the case for the Federal Reserve to cut interest rates. The initial jobless claims last week were 224,000, higher than the expected 215,000. The non-farm payroll data for November, which is expected to be released tomorrow, is forecast to jump from 124,000 in October to 214,000. The trade deficit narrowed to $73.8 billion in October, in line with expectations. The 10-year US Treasury yield is reported at 4.208%, and the 2-year yield is at 4.161%, both higher than the previous day.

U.S. jobless claims rise, Treasury yields and dollar weaken

Odaily Planet Daily Report: Sarah House, Managing Director and Senior Economist at Wells Fargo, and Aubrey Woessner, Economist, stated that the US November CPI may show that progress in fighting inflation is stalling. The unadjusted CPI year-on-year rate is expected to rise from 2.6% to 2.7%. They believe the unadjusted core CPI year-on-year rate will remain in the narrow range of 3.2%-3.3% for the sixth consecutive month. Although some inflationary factors, such as an overheated labor market, continue to subside, new obstacles unfavorable to the decline in inflation have emerged, including the possibility of imposing tariffs and tax cuts. The US November CPI report will be released next Wednesday, a week before the Fed's interest rate decision. The futures market is currently digesting the Fed's decision to cut rates by 25 basis points. (Gold Ten)