PU Prime App
Exclusive deals on mobile
PU Prime App
Exclusive deals on mobile
一手掌握全球市场
我们的交易APP与大多数智能设备系统兼容。现在就下载该应用，即刻享受在任意设备上随时随地开展交易的乐趣。
4 January 2022,01:53
Weekly Outlook
4 January 2022, 01:53
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.
以行业低点差和闪电般的执行速度交易外汇、指数、贵金属等。
PU Prime App - 让您优越交易
Risk Warning: Trading Contract for Difference (CFD) carries a high level of risk to your capital and may result in losses that exceed your deposits due to leverage. It's important to understand how CFDs work and assess whether you can afford the high risk of losing your money. When acquiring our derivative products, you do not own or have rights in the underlying assets. Past performance is not indicative of future results. The information on this website is general and does not take into account your personal objectives, financial circumstances, or needs. Seek independent advice from qualified experts if necessary, and ensure you fully understand the risks before making any trading decisions.
PU Prime is a brand name of different entities authorised and registered in various jurisdictions.
PU Prime Limited is authorized and regulated by the Financial Services Authority of Seychelles under License No. SD050, with registered address at CT House, Office 1A, Providence, Mahe, Seychelles.
PU Prime Ltd is authorized and regulated by the Financial Services Commission of Mauritius under License No. GB23202672, with registered address at Suite 201 Level 2, The Catalyst Building, 40 Silicon Avenue, Cybercity Ebene, Mauritius.
PU Prime (Pty) Ltd is an authorised Financial Services Provider registered and regulated by the Financial Sector Conduct Authority of South Africa under License No. 52218, with registered address at 37 Harley Street, Ferndale, Randburg, Gauteng, South Africa.
The information on this website is not intended for residents of certain jurisdictions, including the United States, Singapore, Australia, China, Russia, and jurisdictions listed on the FATF and EU/UN sanctions lists. It is not intended for distribution or use where such distribution or use would be contrary to local law or regulation. While the Authority has granted a securities or derivatives investment business licence to the Licensee, it does not endorse the products offered.
Finzero Cap Ltd, registered in the Republic of Cyprus with registration number HE414308 and registered address at 62 Athalassas, Mezzanine, Strovolos 2012, Nicosia, Cyprus.
Copyright © 2024 PU Prime.
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!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
