BB Advisory

🔰 US Inflation Rate YoY (May) Actual: 3.3%🔻 Expected: 3.4% Previous: 3.4% #USD #Gold

🔰 US Inflation Rate MoM (May) Actual: 0.2%🔻 Expected: 0.1% Previous: 0.3% #USD #Gold

🔰 According to reports, Hamas and the Palestinian Islamic Jihad announced their readiness to reach a positive agreement to end the war in Gaza. #Gold #Oil🛢

🔰 France 10y risk spread over Germany keeps rising. Jumps to 62bps. #EUR

🔰 #USDJPY riding the underside of the TL , next couple of days likely to be busy here - three of the largest drivers for the pair on the calendar 🔰 US CPI tomorrow morning , FOMC , BoJ Thurs night/Fri morning in Asia #JPY

🔰 The #GBP🔺 is the strongest and the #EUR🔻 is the weakest as the NA session begins.

🔰 Israeli government official: Israel will not end the war until it achieves all our goals. #Gold #Oil🛢

Gold plunges significantly on strong NFP data Gold (XAU) fell by 3.57% on Friday after stronger-than-expected U.S. jobs data reduced the likelihood of a soon interest rate cut by the Federal Reserve (Fed) this year. 👉 Possible effects for traders Last Friday, the nonfarm payroll (NFP) report showed that the U.S. economy added 272,000 jobs in May, nearly 100,000 above market expectations. Higher-than-expected numbers demonstrated the labour market's resilience. As a result, the probability of a rate cut by the Fed in September has dropped to around 50% from about 70% prior to the report. China's central bank also contributed to the bearish sentiment by halting gold purchases in May after an 18-month streak of continuous buying. Gold experienced a significant drop, which hadn't been seen since August 2020. This is a strong report, and it suggests that there are no signs of any cracks in the labour market,' said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. 'It's a plus for the economy and a plus for corporate earnings, but it's a negative in terms of the prospects of a rate cut, perhaps as early as September,' he added. Following the jobs report, the benchmark 10-year U.S. Treasury yields surged by over 15 basis points towards 4.4335%, marking their largest one-day increase in about two months. XAUUSD has been moving below 2,300 in the Asian and early European trading sessions. Today's trading session is likely to be relatively quiet as the economic calendar features no major news releases. The key levels for XAUUSD are 2,300 and 2,280.

🔰 It's not going to be a good day for #Gold. First, #Gold dropped 1%🔻 after data showed the People's Bank of China didn't buy any #Gold last month 🔰 Now the beat in #NFP pushes #Gold down another 1%🔻. #Gold

🔰 Canadian Employment Change (May) Actual: 26.7K🔺 Expected: 22.5K Previous: 90.4K #CAD

🔰 US Unemployment Rate (May) Actual: 4.0%🔺 Expected: 3.9% Previous: 3.9% #USD #Gold

🔰 US Average Hourly Earnings MoM (May) Actual: 0.4%🔺 Expected: 0.3% Previous: 0.2% #USD

🔰 US Non Farm Payrolls (May) Actual: 272K🔺 Expected: 182K Previous: 175K #USD #Gold

🔰 #NFP Guesses day , Here's a collated list of dealer expectations for the major releases. #Gold #USD

🔰 #Gold prices fell🔻Because: China cut back its purchases of reserves after 18 months. #Gold

🔰 Non Farm Payrolls Day. #Gold #USD

🔰 The most important news of today's , US Non-Farm Employment Change , Average Hourly Earnings m/m , Unemployment Rate 🔰 Canadian Employment Change , Unemployment Rate GMT TIME #USD #Gold #CAD

🔰 #Nvidia, #Microsoft and #Apple Are Bigger Than China’s Stock Market .

🔰 ECB's Lagarde: Let there be no doubt on ECB determination on 2% inflation target. #EUR