⚠️Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.
🚨📝Data scheduled to be published at 19:00 hrs
9:00 USD Average Hourly Earnings (YoY) (YoY) (Dec) 4.0% 4.0% 19:00 USD Average Hourly Earnings (MoM) (Dec) 0.3% 0.4% 19:00 USD Nonfarm Payrolls (Dec) 164K 227K 19:00 USD Participation Rate (Dec) 62.5% 19:00 USD Private Nonfarm Payrolls (Dec) 135K 194K 19:00 USD U6 Unemployment Rate (Dec) 7.8% 19:00 USD Unemployment Rate (Dec) 4.2% 4.2% Gold Prices Set for Weekly Gain Amid Anticipation of US Jobs Data Gold prices remained near a four-week high on Friday, positioning for their best weekly performance since mid-November. Investors are closely watching upcoming U.S. jobs data to assess the Federal Reserve's potential pace of interest rate cuts throughout the year. ________________________________________ Treasury Yields and Market Dynamics Open Interest and Rising Yields Recent shifts in open interest data on US 10-year note futures show that traders have consistently increased their bets on higher yields daily since the start of the year. This trend has driven the 10-year yield closer to 5%, reflecting a growing appetite for bearish positions in the Treasury market. • 20-Year Yield: Surpassed 5% for the first time since 2023, driven by concerns over potential inflationary pressures and wider fiscal deficits linked to President-elect Donald Trump’s policy proposals. • 30-Year Yield: Climbed to 4.96%, while the 10-year yield rose to nearly 4.73%, approaching its highest levels since November 2023. These moves are consistent with trends observed in both the UK and emerging markets, where yields have similarly surged. ________________________________________ Markets Await Crucial Employment Data Amid Recession Fears Investors remain on edge as they await the release of key employment figures, a critical indicator that could signal the trajectory of the U.S. economy and the potential onset of a recession. The 10-year Treasury yield, a bellwether for economic sentiment, is hovering near its highest point since April, highlighting market anxiety over upcoming data.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.