CICC: The certainty of loose trading in early December is higher

According to Jinshi reports, the CICC research report points out that considering the possibility of a shift in the Federal Reserve's interest rate cut pace in 2026, it is expected that the variables of U.S. dollar liquidity and market environment will increase after the December FOMC meeting. Weaker U.S. growth and employment data, along with speculation about the next Federal Reserve chair, may raise expectations for interest rate cuts, while current officials' concerns about inflation may suppress those expectations. Therefore, it is believed that the certainty of easing trades in early December is higher, which is more favorable for the performance of various assets.