Tonight (July 5, 2024) at 20:30, the U.S. Department of Labor will release June non-farm payrolls data. According to the median economists' expectations compiled by industry media, the United States is expected to add 190,000 jobs in June, down from 272,000 in May; the unemployment rate is expected to remain stable at 4%; the average hourly wage increased by 3.9% year-on-year, a slowdown from the previous 4.1%.
Non-farm payrolls data is one of the important indicators of the health of the U.S. economy. An increase in employment is usually seen as a positive signal for economic growth and market vitality, while a decrease in employment may indicate an economic slowdown or recession. The specific performance of this data may have an impact on the financial market, and investors will pay close attention to grasp the next direction of the market.
It should be noted that the above data is only market expectations, and the actual data may be different. When making investment decisions, it is recommended to consider multiple factors and pay close attention to market dynamics. At the same time, the interpretation of economic data is somewhat complex, and different interpretations and other factors may also affect the market's response.
In addition, there may be differences in the forecasts and interpretations of non-farm data by different institutions and analysts. For example, Liu Mingcheng believes that the gold price broke through the high again on the eve of the super non-agricultural data, and the continuous decline of the US dollar index may be an early preview of the non-agricultural market, and a market trend that is significantly favorable to the gold price may appear.
Yang Jinfa said that the international gold price once again broke through 2365 in the Asian session, and continued to rise in the European session. The gold price has turned to rise. It is necessary to pay attention to the release of non-agricultural data tonight. You can go long around 2360 before the data. If there is no opportunity, it is recommended to wait for the release of non-agricultural data in the evening before waiting for an opportunity to arrange operations and avoid data risks.
If you want to know more about the analysis and views of non-agricultural data, you can pay attention to me or the reports of professional investment institutions.
At the same time, investment decisions should be based on your own financial situation, investment goals, risk tolerance and other factors. It is recommended to fully understand the relevant market and investment products before making investment decisions, and consult professional financial advisors.