Investors eyeing the release of US non-farm payrolls.
Investors are expecting the U.S. Department of Labor to release the latest non-farm payroll numbers. This comes ahead of the Federal Reserve’s (Fed) annual meeting.
Analysts predicted that nonfarm payrolls would rise above 926,000 in July.
If the employment numbers turn out well, this is a very strong signal for the direction of interest rates.
This is also a factor encouraging the Fed to reduce its quantitative easing (QE) bond purchases.
The upcoming annual meeting is a much anticipated meeting. Central bankers, academics, and financial experts from around the world will attend the meeting. The focus will be on the Fed Chair, a vision of the Fed’s monetary policy, and the U.S. economic outlook.
Source: https://www.bangkokbiznews.com/news
The Spot Market is Open
| Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
| Gold 08.20 | 1811.50 1812.50 | -0.10 -0.01% | 1808.90 1813.50 |
| Silver 08.20 | 25.37 25.47 | 0.00 0.00% | 25.31 25.50 |
| Platinum 08.20 | 1007.00 1017.00 | -10.00 -0.98% | 1000.00 1028.00 |
| Palladium 08.05 | 2582.00 2732.00 | -2.00 -0.08% | 2578.00 2734.00 |
| Rhodium 05.00 | 18150.00 20150.00 | 0.00 0.00% | 18150.00 20150.00 |
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