#数字货币市场洞察 $BTC $ETH $BNB

The market is putting on another surreal show! Canada’s latest employment report has completely upended everyone’s expectations.

Just as investors were still immersed in the narrative of “economic slowdown, central bank remains dovish,” the November data suddenly hit the market hard—a single-month unemployment rate drop of 0.4 percentage points, with 54,000 new jobs added, largely driven by a surge in part-time employment. The results were so good that even professional economists were caught off guard, and the bond market was instantly thrown into a selling frenzy.

What’s even crazier is how fast traders reacted. The overnight swaps market has already priced in: by October 2026, a rate hike is almost a sure thing. One major bank even directly predicted that the central bank might start a rate hike cycle as early as Q3 next year. In just a few hours, market sentiment flipped from “how many more rate cuts are left” to “will there be a hawkish pivot next year.”

But here’s a key variable—the central bank’s policy meeting on December 10. Can a single month of unexpectedly strong data really make policymakers change their stance entirely? And does the surge in part-time jobs truly reflect a real shift in the economic fundamentals?

What’s your take? Will this data become a signal for a policy turning point, or is it just short-term noise? Leave a comment and share your thoughts!