fbpx

Halten Sie die globalen Märkte in Ihren Händen

Unsere mobile Trading-App ist mit den meisten smarten Geräten kompatibel. Laden Sie die App jetzt herunter und beginnen Sie, mit PU Prime auf jedem Gerät, jederzeit und überall zu traden.

  • Market Insights  >  Weekly Outlook

4 January 2022,01:53

Weekly Outlook

ADP Employment Data Far Exceeds Expectations

4 January 2022, 01:53

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

On January 5 (Wednesday), the United States announced the December ADP employment data. According to the ADP private payroll numbers for December, 807,000 jobs were added compared to estimates of a figure of 410,000 and the previous value of 534,000, the largest increase since May 2021.

The minutes from the Fed’s December FOMC meeting on Wednesday showed the concerns from Federal Reserve officials about the ongoing supply chain issues which may reach its bottlenecks in 2022, and the labor shortage issues will also continue to hamper the economy and drive up inflation for longer than previously expected.

Brien Lundin, editor of Gold Newsletter said that “The Fed minutes were hawkish, showing greater concerns that inflation would be persistent and generally indicating an accelerated schedule for rate hikes.” On the other side, as tracked by CME Group’s Fed, the possibility that the Fed would raise the interest rates in March for the first time since the pandemic’s onset rose to greater than 70%.

Post Market Outlook

Spot gold fell on Wednesday as U.S. bond yields rose sharply after the release of the minutes of the FOMC meeting. Records indicated that the Fed may need to raise interest rates earlier than expected to curb inflation.

David Meger, director of the metal trading department of High Ridge Futures said that the gold market has fallen from a recent high due to the FOMC meeting, and the rise in U.S. bond yields has put pressure on the gold market. However, the underlying support of the gold market is the ongoing inflationary pressures and pandemic concerns have brought some hedging needs.

In general, the gold price is currently under pressure from the hawkish tone of the Fed pushing ahead the schedule to raise interest rates. In addition, the coming US NFP data may also show a sign of growth, which has caused the gold price to continue to be under pressure on the last two trading days of this week.

In addition, please pay close attention to the Nonfarm Payrolls (NFP) announced on Friday, January 7 at 15:30 (GMT+2). As a friendly reminder, pay close attention to market changes, control your positions, and manage your risk well.

Starten Sie mit einem Vorteil in das Trading

Traden Sie Forex, Indizes, Metalle und mehr zu branchenweit niedrigen Spreads und mit blitzschneller Ausführung.

  • Beginnen Sie mit Einzahlungen ab nur $ 50 auf unsere Standardkonten mit dem Trading.
  • Erhalten Sie Zugang zum 24/7-Support.
  • Sie haben Zugang zu Hunderten von Instrumenten, kostenlosen Schulungsmaterialien und einigen der besten Promotionen, die es gibt.
Jetzt registrieren

Latest Posts

Schnelle und einfache Kontoeröffnung

Live-Konto erstellen
  • 1

    Registrieren Sie sich

    Registrieren Sie sich für ein PU Prime Live-Konto mit unserem unkomplizierten Verfahren

  • 2

    Zahlen Sie Geld ein

    Zahlen Sie bequem über verschiedene Kanäle und in verschiedenen Währungen auf Ihr Konto ein

  • 3

    Beginnen Sie mit dem Trading

    Erhalten Sie Zugang zu Hunderten von Instrumenten zu marktführenden Tradingbedingungen

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!