After the inflation data, traders in interest rate futures increased their bets on a rate cut by the Federal Reserve in June, raising the possibility of a second cut in 2025. Traders expected the Fed to cut rates by the end of July, compared with September.
The S & P 500 and Dow gave up gains after the release of U.S. economic data; the Nasdaq is down 0.5%.
Tesla (TSLA. O) shares rose 4.1 percent in after-hours trading after the earnings report.
After the release of US retail sales and jobless claims data, traders downgraded their expectations for the Federal Reserve to cut interest rates.
U.S. short-term interest rate futures were little changed after the release of Federal Reserve meeting notes, still showing traders betting 25 basis points on a rate cut next month.
On September 6th, after the US employment data was released in August, spot gold fell first and then rose. The short-term volatility reached $15 and was reported at 2526.01 US dollars per ounce. The US dollar index DXY fell nearly 60 points in the short-term and is now at 100.69.
After the release of the non-farm payrolls data, traders raised their expectations for the Federal Reserve to cut interest rates this year.
After the March non-farm payrolls revision data was released, "Federal Reserve mouthpiece" Nick Timiraos commented on social media that the data showed that US employment growth was indeed not as strong as previously reported monthly. In the 12 months to March, the US added 818,000 fewer jobs than previously reported, which reduced the monthly average employment (previously 246,000) by 68,000, and the specific monthly revision will not be officially announced until February 2025. In addition to ...
After the release of CPI data! Gold prices did not rise but fell! There is a high probability of falling into the 100 yuan range again? Can the important support 2437 stabilize the bull trend and help the gold price to reach a new high? Click to watch CPI Looking Forward Opportunities > > >
U.S. short-term interest rate futures rose slightly after the inflation data was released; traders expect the Federal Reserve to keep interest rates unchanged in July and start cutting rates in September. Spot gold and the U.S. dollar index DXY were less volatile in the short term. (Gold Ten)
What is the relationship between non-farm payrolls and gold? After the US non-farm payrolls report was released in the past year, how did the spot gold market perform? A picture summary!