US June Nonfarm Payrolls Miss Expectations, Gold Rallies Briefly

MacroGeopolitics Impact 4

โดย Eastmoney·Read original

Summary · why it matters

US nonfarm payrolls added only 57,000 jobs in June, far below the market expectation of 110,000, while April and May figures were revised down by a combined 74,000. After the data release, the US dollar index plunged to a two-week low, eventually closing down 0.54% at 100.87. COMEX gold futures rose 1.30% to 4,135.50 dollars per ounce. The Bosera Gold ETF rose 2.69% to a latest price of 8.68 yuan. Guosen Futures noted that the payrolls data significantly weakened rate hike expectations, and a softer dollar provided a window for a phased rebound in gold and silver, but the current market is more likely to exhibit choppy and repetitive characteristics.