The market is picking up, brothers! Full-on spot holdings, tears of joy! Not sure if it's related to these few updates. Fed's Daly: The job market might suddenly deteriorate, supporting a rate cut in December. Daly's perspective is worth noting. Although she doesn't have voting rights on monetary policy this year, she rarely disagrees publicly with Fed Chair Powell. During the December 9-10 meeting, Daly might play a key role in resolving the internal debate within the rate-setting committee on whether to cut rates or pause hikes. The probability of the Fed cutting rates by 25 basis points in December is 81% (up from 69.4% yesterday), while the probability of keeping rates unchanged is 19%. By January next year, the probability of a cumulative 25 basis point rate cut is 65.2%, keeping rates unchanged is 14.1%, and a cumulative 50 basis point rate cut is 20.6%. Xi Jinping had a phone call with U.S. President Trump on the evening of November 24, and overall, China-U.S. relations are steadily improving.