Deutsche Bank: Any signs of weakness in the September non-farm payroll data will be amplified.

Odaily Planet Daily reports that Deutsche Bank analysts noted in a report on Thursday, "Market attention is rapidly shifting to this belated September non-farm payroll report—we should have had this data nearly seven weeks ago." They added, "Generally speaking, data from several months ago doesn't have a significant impact, but whether a rate cut will occur in December could very well depend on whether this data is weak—this possibility certainly exists, especially given that the 2025 balance of labor market growth is already so low, any signs of weakness will be particularly noticeable." (Jinshi)