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🔥🔥【January 9 Evening Briefing】The U.S. Department of Labor just released data: December non-farm payrolls increased by 50,000, well below market expectations of 60,000, and the previous figure was revised down to 64,000. The surprising data immediately ignited gold bulls.
🍀 Meanwhile, the unemployment rate unexpectedly fell to 4.4%, lower than the expected and previous figures of 4.5%/4.6%, giving the dollar a slight respite.
CME “Federal Reserve Watch” shows that after the report, the probability of a rate cut in January only slightly increased from 11.6% to 13%, with a 87% chance of holdi