$XAU Tonight's news: Watch for short-term fluctuations


Yesterday again gained over 100 points in profit 💰
Regarding Federal Reserve policy (core)
• Data stronger than expected (new jobs > 60,000, unemployment rate < 4.3%, hourly wages > 0.3%)
→ Negative for easing, positive for the dollar, negative for gold/cryptocurrency
→ Easing rate expectations cool down, the first rate cut is later, and the total rate cut for the year narrows @E5@
• Data weaker than expected (new jobs < 60,000, unemployment rate > 4.3%, hourly wages < 0.3%)
→ Positive for easing, negative for the dollar, positive for gold/cryptocurrency
→ Easing rate expectations heat up, the probability of rate cuts in March/June increases @E5@
2) On major assets (one sentence)
• US dollar: Strong data → rise; Weak data → fall
• Gold: Strong data → fall; Weak data → rise
• US stocks/cryptocurrency: Strong data → short-term pressure (liquidity tightening); Weak data → short-term positive (easing expectations)
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