The central bank continues to suspend shareholding of gold!

On July 7th, the official reserve assets updated by the State Administration of Foreign Exchange showed that in June 2024, China's official gold reserve was 72.8 million ounces, unchanged from the previous month, and has suspended the shareholding of gold reserves for two consecutive months.

券商中國15:42

U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.

In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.

wallstreetcnJul 6 09:30

Express News | Analyst: Non-farm data below expectations could push gold price to break through the 2400 level.

BreakingsJul 5 13:55

Facing Non-Farm Payrolls: the first heavy data of trade in the second half of the year!

Why does the Non-Farm Payroll data tonight once again affect the nerves of global financial markets and traders?

Golden10 DataJul 5 10:46

Gold Pushes Higher as Investors Expect Fed Will Start to Ease

Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.

BNN BloombergJul 5 10:10

Bullish market consensus! Could non-farm night gold price break $2400?

If inflation and employment data both soften, it will trigger a bigger debate about whether the data is rebalancing or beginning to deteriorate.

Golden10 DataJul 4 20:06