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Analysts anticipate non-farm payrolls: Unemployment rate may rise to 4.5%
Summary: According to sources, market analyst Fawad Razaqzada from FOREX.com anticipates the US November non-farm payrolls: the market is expecting weak employment data of around 50,000, with the unemployment rate possibly rising to 4.5%. Any downside surprises could lead to earlier expectations of the next Fed rate cut, thus supporting the price of gold.
According to sources, market analyst Fawad Razaqzada from FOREX.com anticipates the US November non-farm payrolls: the market is expecting weak employment data of around 50,000, with the unemployment rate possibly rising to 4.5%. Any downside surprises could lead to earlier expectations of the next Fed rate cut, thus supporting the price of gold.
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Link: Analysts anticipate non-farm payrolls: Unemployment rate may rise to 4.5% [Copy]
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Link: Analysts anticipate non-farm payrolls: Unemployment rate may rise to 4.5% [Copy]
