News updates:
1) The August Non Farm Payrolls stood at 1.37 million. However, sources note that out of that figure, almost 300k were temporal government positions and these workers are due to be laid off at the end of September
2) Unemployment rate improved to 8.4% (previous reading was 10.2%).
3) Labor force participation rate increased by 61.7% (The labor force participation rate if the percentage of the population working OR actively seeking work).
Federal Reserve Chairman Jeremy Powell also made reemphasized that “it may take years before the economy recovers in full” – despite that pace of jobs growth.
Gold’s reaction to the release of the employment data was to move up to $1,948 but moved downwards as the USD gained strength upwards. It was seen to hit $1,916 – the lowest level of the week.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
加载失败()