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Risk aversion sentiment sweeps through! Unexpected non-farm data cannot stop the strong rise of Gold.
Gold prices rose further on Friday, marking a strong end to the week.
Reaction Roundup: SA Analysts, Experts Weigh in on December Jobs Report
Traders Push Back Rate-cut Expectations for 2025 After Hot December Jobs Report
December US Nonfarm Payrolls Rise More Than Expected, Unemployment Rate Slows
Express News | After the release of the nonfarm payroll data, the three major stock index futures plummeted. Dow futures fell over 0.66%, S&P 500 futures dropped 0.7%, and Nasdaq 100 futures declined nearly 1%. The dollar index rose by 0.57% to 109.79.
Express News | US Dec. Non-Farm Payrolls 256K Vs 160K Forecast, Prior 212K; US Dec. Unemployment Rate 4.1% Vs 4.2% Forecast, Prior 4.2%