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OPEC+ agrees to increase production beyond expectations, countries will receive
Basic news on Monday (July 7, Beijing time), spot gold was trading around $3,330 per ounce. US President Trump‘s tax cut bill cleared the last hurdle in Congress last Thursday. The United States began sending letters to countries last Friday, specifying the ta...
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Non-farm market hikes, and the Fed's expectation of interest rate cuts has chang
On July 4, spot gold traded around $3,330 per ounce, and gold prices fell 1% on Thursday as stronger-than-expected U.S. jobs data consolidated expectations that the Fed would unlikely cut interest rates as previously expected, weakening the attractiveness of g...
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Non-farm farms were unexpectedly strong in June, and the probability of the Fede
On July 4, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 97.01. On Thursday, as strong U.S. employment data dispelled market expectations for the Fed‘s recent interest rate cut, the U.S. dollar index rose shar...
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Non-farm report extinguishes hopes of interest rate cuts in July, US bonds and U
The dollar index continued to fall in Asian session on Friday, with the dollar rising against major currencies such as the yen, the euro and the Swiss franc on Thursday after data showed that the U.S. economy created more jobs than expected, suggesting that th...
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U.S. Treasury Secretary warns tariffs may return to April 2 levels, strong non-f
Basic news on Friday (July 4, Beijing time), spot gold traded around $3,330 per ounce, and gold prices fell 1% on Thursday as stronger-than-expected U.S. employment data consolidated expectations that the Fed would unlikely cut interest rates as expected, weak...
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Eurozone bond yields decline, analysis of short-term trends of spot gold, silver
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.07%, S&P 500 futures rose 0.03%, and Nasdaq futures rose 0.03%. The German DAX index rose 0.10%, the UK FTSE 100 index rose 0.41%, th...
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Today's non-farm record, the US dollar rose slightly before non-farm data
Earlier on Thursday, July 3, trading activity in financial markets became sluggish as investors prepared for a key U.S. jobs report in June, which will include unemployment, non-farm employment numbers and wage inflation data. The U.S. Economic Calendar will a...
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Focusing on non-farm data, gold prices benefit from APD data upset boosts the Fe
Basic news on Thursday (July 3, Beijing time), spot gold trading was around $3,355 per ounce, and gold prices rose on Wednesday, as weaker than expected employment data triggered hope that the Fed would cut interest rates earlier than market expectations. At t...
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