GOLD 0.51% $1,391.7 gold futures

"US weekly initial unemployment claims rose +20,000 to 243,000,...

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    "US weekly initial unemployment claims rose +20,000 to 243,000, showing a weaker labor market than expectations of 229,000. Also, weekly continuing claims rose +20,000 to a 2-1/2 year high of 1.867 million, showing a weaker labor market than expectations of 1.856 million."
    "Dovish comments from Chicago Fed President Goolsbee were bearish for the dollar when he said the Fed may need to cut interest rates soon to avoid a sharp deterioration in the labor market, which has cooled in recent months."
    https://www.barchart.com/story/news/27475178/dollar-climbs-as-lagarde-comments-hammer-the-euro
    Untreasuries are already exiting= & what happens with lower rates & returns =OUT OUTOUT
    Last edited by Goldnumber: Today, 07:50
 
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