BTC $62,940.52 -0.04%
ETH $1,878.75 -0.01%
BNB $606.04 -0.83%
XRP $0.9994 -0.22%
SOL $75.19 -0.01%
TRX $0.3311 -0.19%
DOGE $0.0697 -0.34%
ADA $0.1765 -1.30%
BCH $203.56 -0.40%
LINK $9.39 +0.75%
HYPE $57.35 +2.51%
AAVE $85.77 -1.48%
SUI $0.6768 -0.80%
XLM $0.1567 -0.86%
ZEC $485.79 -0.61%
BTC $62,940.52 -0.04%
ETH $1,878.75 -0.01%
BNB $606.04 -0.83%
XRP $0.9994 -0.22%
SOL $75.19 -0.01%
TRX $0.3311 -0.19%
DOGE $0.0697 -0.34%
ADA $0.1765 -1.30%
BCH $203.56 -0.40%
LINK $9.39 +0.75%
HYPE $57.35 +2.51%
AAVE $85.77 -1.48%
SUI $0.6768 -0.80%
XLM $0.1567 -0.86%
ZEC $485.79 -0.61%

farm

All
Article
Flash

Bitget CFD Chief Analyst: Non-farm payrolls will test the resilience of the U.S. economy, and the dollar and gold may face directional choices

Bitget CFD Chief Analyst Lewis Huang pointed out in a live broadcast that this week's market focus has shifted from tech stock earnings reports back to U.S. employment data and Fed policy expectations.The key to this non-farm report is not just the number of new jobs added, but whether the unemployment rate, average hourly wage, and previous values' revisions collectively indicate a "orderly cooling" or "significant slowdown" in the labor market.Lewis Huang stated that if non-farm employment and wage data are both stronger than expected, the market will lower short-term rate cut bets, U.S. Treasury yields and the dollar are expected to strengthen, while gold and high-valuation tech stocks will face pressure; conversely, if employment, wages, and previous values' revisions all weaken, the market will raise expectations for Fed easing, and gold and non-U.S. currencies may receive support.He advised CFD traders to avoid chasing orders in the first minute after data is released, and to focus on observing whether the U.S. two-year Treasury yield, the dollar index, and gold form a synchronized confirmation, and to wait for a pullback opportunity after a key price level breakout. The current trading focus is not simply betting on the data's highs and lows, but rather judging how the non-farm report will change the market's pricing of the Fed's policy path.
app_icon
ChainCatcher Building the Web3 world with innovations.