Market News US non-farm payrolls data was surprisingly weak, causing spot gold to rebound to $4,100!
Markets News
US non-farm payrolls data was surprisingly weak, causing spot gold to rebound to $4,100!
2026-07-03 08:30:00
Hot spot tracking
- U.S. nonfarm payrolls increased by 57,000 in June, below market expectations of 110,000. The combined increase in nonfarm payrolls for April and May was revised downwards by 74,000. This news is bearish for the U.S. dollar.
- India will expand its crude oil reserves to hedge against the risk of soaring oil prices. This news is bullish for crude oil.
- Tesla delivered 480,000 vehicles in the second quarter, exceeding market expectations of 402,000. This news is positive for Tesla.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.12% 1.14201 1.14336 GBP/USD ▼-0.11% 1.33341 1.33482 AUD/USD ▼-0.12% 0.69115 0.692 USD/JPY ▲0.26% 161.516 161.1 GBP/CAD ▲0.09% 1.89329 1.89161 NZD/CAD ▼-0.07% 0.80739 0.80798 📝 Review:On Thursday, the U.S. June non-farm payroll report showed far fewer jobs added than expected, prompting the market to quickly adjust its expectations for Federal Reserve policy, with bets on a rate hike being delayed until the end of the year. The U.S. dollar index briefly fell to a two-week low after the data release, ultimately closing down 0.54% at 100.87; the benchmark 10-year U.S. Treasury yield closed at 4.490%, and the 2-year U.S. Treasury yield, which is sensitive to Federal Reserve policy rates, closed at 4.181%.🕵️ Operation suggestion:USD/JPY 161.476 Buy Target Price 162.076
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.31% 4140.75 4127.76 Silver ▲0.16% 61.249 61.15 📝 Review:Spot gold surged, reaching $4,140 per ounce, before closing up 2.3% at $4,123.96 per ounce; spot silver closed up 3.14% at $60.97 per ounce.🕵️ Operation suggestion:Gold 4132.88 Buy Target Price 4196.63
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.14% 68.301 68.399 Brent Crude Oil ▲0.10% 71.652 71.581 📝 Review:Sources say the next round of talks between the US and Iran will be held on July 18. It is understood that major European countries now believe that imposing a passage fee on the Strait of Hormuz is inevitable. WTI crude oil ultimately closed up 0.58% at $68.42 per barrel; Brent crude oil ultimately closed up 0.57% at $71.84 per barrel.🕵️ Operation suggestion:WTI Crude Oil 68.394 Sell Target Price 65.071
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.13% 29282.85 29320.1 Dow Jones ▲0.16% 52906.6 52821.6 S&P 500 ▲0.15% 7486.05 7474.95 US Dollar Index ▲0.10% 100.85 100.75 📝 Review:The Dow Jones Industrial Average rose 1.1%, hitting a new closing high. The S&P 500 dipped slightly, and the Nasdaq Composite fell 0.8%. Micron Technology (MU.O) fell 5.4%, SanDisk (SNDK.O) fell 14%, Intel (INTC.O) fell 5%, and Seagate Technology (STX.O) and Western Digital (WDC.O) fell by less than 10%. Apple (AAPL.O) bucked the trend, rising 4.8%, while Meta (META.O) fell nearly 5%. The Nasdaq China Golden Dragon Index fell 1.77%, with Baidu (BIDU.O) and XPeng Motors (XPEV.N) falling by less than 4%.🕵️ Operation suggestion:Nasdaq 100 29326.850 Sell Target Price 28806.840
Calendar
- 16:00 (GMT+8): Eurozone June Services PMI Final Reading
- 16:30 (GMT+8): UK June Services PMI Final Reading
- 23:00 (GMT+8): Bank of England Governor Bailey speaks on the coordination of fiscal and monetary policies.
Bonus rebate to help investors grow in the trading world!
Or try Free Demo Trading