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Contact Person: Manager Zhang Dalian Precious Metal Investment Promotion, Dalian Precious Metal Agent, Dalian Precious Metal Personal Agent, Dalian Precious Metal Company Agent, Dalian Precious Metal Spot Investment Promotion, Dalian Precious Metal Spot Agent, Dalian precious metal mixed aroma investment, Dalian precious metal mixed aroma agent, Dalian precious metal silver investment, Dalian precious metal silver agent, Dalian precious metal bulk investment, Dalian precious metal bulk agent, Dalian precious metal palladium, platinum, alloy, copper.
Jinshi previously reported that the monthly seasonally adjusted non-agricultural employment population growth in the United States released last Friday (June 2019) was 0.000 million, which was lower than expected. The monthly unemployment rate is .%. After the non-agricultural data was released, market participants believed that the Federal Reserve's monthly interest rate hike was almost certain. After the non-farm payrolls announcement, the federal funds rate market showed a monthly rate hike probability of %, and next month it was .%. Before the non-farm payrolls announcement, the U.S. federal funds rate market showed a monthly rate hike probability of %.
M contains employment-related indicators, including important indicators such as the unemployment rate, and small indicators such as the Employment Plan Survey. It is a useful indicator for predicting economic recessions. Although this does not necessarily mean that there will be a recession, if M drops below zero, we need to be alert to the onset of an economic recession. Historical data shows that every time there is an economic recession, the M data is negative and at a low point. Financial Blog also said that historically, the M index has been highly correlated with the U.S. economy falling into recession.
The M index is closely related to non-agricultural data, and its impact on the market is similar to non-agricultural data. When the announced value is greater than the expected value, it is theoretically good for the US dollar and bad for gold and silver.
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Contact Person: Manager Zhang