US Nonfarm Payrolls: 130k (Forecast 65k, Previous 50k)
Private payrolls: 172k vs 68k exp. and 37k previously
Unemployment rate: 4,3% vs 4,4% exp. and 4,4% previously
Average earnings MoM: 0.4% vs 0.3% exp. and 0.3% previously
Average earnings YoY: 3,7% vs 3,7% exp. and 3,7% previously
US indices gain in first reaction to quite strong US labour market data. Non-farm payrolls (especially private market numbers) showed much higher than expected employment change and unexpected drop in unemployment rate.
Source: xStation5
Source: XTB Research, Bloomberg Finance L.P.
Source: XTB Research, Bloomberg Finance L.P.
Source: XTB Research, Bloomberg Finance L.P.
Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 📉
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