Worrying wages and shining gold

Yohay Elam FXStreet

We move away from politics to discuss the various aspects of the US jobs report and what it means for markets and then tackle gold prices.

State of US jobs: The Non-Farm Payrolls report sent mixed signals with different directions for job gains (positive) and wages (negative). What does this mean for the US dollar? How will the Federal Reserve react to it? We dive into the economic situation. Not everything is Trump.
Gold prices: The precious metal has enjoyed some revival. Will Trump make gold great again? How does inflation influence the price? Supply and demand play second fiddles to speculation.
Preview: Politics will remain left, right and center as Trump continues trumping executive orders and as Brexit comes to a final vote. Also note a rate decision in Australia, employment in New Zealand and consumer confidence in the US.

Listen to the podcast here:

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

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