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What is the margin of the China Economic Commodity Trading Center
[Jinyou.com] is a professional rebate website, trustworthy [Hotline:] [Customer Service:] China Economic Commodity Trading Center (hereinafter referred to as the trading center) is authorized by the State Council Agency Economic Daily and China Economic Network initiated the establishment of a national bulk commodity electronic trading platform located in the cross-strait financial center of Xiamen. The trading center was approved and registered by the State Administration for Industry and Commerce in March 2019 (registered name Pre-Approval No. 3), and was established with the approval of the Xiamen Municipal People's Government in 2016 (Xiamen Government Document No. 3). The trading center is supervised by the Xiamen Financial Coordination Service Office. It is an important strategic deployment of the Economic Daily and China Economic Network to build a national commodity factor platform, and is also an important part of the cross-strait financial system.
How the fundamentals of spot silver investment knowledge affect the trend of silver
Last Friday’s non-farm payrolls have just passed, and it is inevitable that some people will make money and others will lose money. But has anyone asked, why is the market moving like this? What exactly is non-agricultural employment? What other factors can affect the trend of silver? Let’s explore how different fundamental data affects the trend of silver.
.Non-farm
The full name of non-agricultural data is the U.S. non-agricultural employment rate. Unless there are special circumstances, the data will be released on the first Friday of every month, Beijing time. Non-agricultural data can reflect the development and growth of manufacturing and service industries. When non-farm payrolls increase, it indicates that the U.S. job market is booming and the domestic economy is booming. This situation causes the U.S. dollar to appreciate, while the U.S. dollar and gold and silver move in opposite directions, so silver will trend downward at this time. On the contrary, if the non-agricultural data decreases, the employment market develops slowly or even regresses, the US economy is depressed, the market economy is not very active, and the US dollar is suppressed, the trend of silver will show an upward trend.
.USD
When explaining the relationship between non-farm payrolls and silver trends, the US dollar was mentioned. Why do the U.S. dollar and silver move in opposite directions? Both silver and gold prices are priced in U.S. dollars. Since the Bretton Woods system, the United States’ gold and silver reserves have ranked first in the world, and its silver reserves have been multi-ton. Therefore, when the US dollar fluctuates, it will inevitably lead to fluctuations in gold and silver. Let’s explain the relationship between the U.S. dollar and silver in layman’s terms. Assuming you are in the United States, when the U.S. dollar depreciates, you may exchange the U.S. dollars into gold and silver to preserve value. In this way, due to the increase in the number of buyers, the price of silver is pushed up. Therefore, we can judge that when the U.S. dollar rises, the price of silver will trend downward. When the U.S. dollar is suppressed, the price of silver will trend upward.
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