Employment data shocked interest rate hike expectations. US June nonfarm payrolls added only 57k, less than half of expectations; ADP was also only 98k. CME data showed the probability of a July rate hike plummeted from 33% to 18%. Warsh again stated that "inflation risks have decreased," and the market directly flipped from "betting on rate hikes" to "rate hikes may be gone." Gold prices then rebounded from below 4000 to 4180.



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招财锦宝
· 07-03 09:54
2026 Great plans and broad prospects, may the best be in store with the rabbit and abundance, peace and joy, and may everything go as you wish, and may all your wishes come true.
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chichipipi
· 07-03 09:53
2026 Big Plans, Great Prospects; Money Hares, Abundant Blessings; Peace, Joy, and Contentment; May All Things Go Better Than Expected; May Every Wish Come True
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