Abstract:Further slowdown in the US labor market Speculation that the Federal Reserve is expected to cut interest rates next year to prevent an economic recession US treasury bond bonds resumed gains
Further slowdown in the US labor market
Speculation that the Federal Reserve is expected to cut interest rates next year to prevent an economic recession
US treasury bond bonds resumed gains
On Tuesday (December 5), as the labor market further slowed down, increasing speculation that the Federal Reserve will be able to cut interest rates next year to prevent economic recession, US treasury bond bonds resumed rising. The yield of the 10-year US treasury bond bond briefly exceeded 5% in October, but fell below 4.2% on Tuesday, because the data showed that job vacancies hit the lowest level since 2021.
The price of gold surged to a historic high of $2100 per ounce on Monday (December 4th), marking an important milestone in the gold industry, but then experienced a significant adjustment. Traders are carefully studying the recent price trend, considering whether it will continue or whether there will be a greater adjustment due to the large-scale sell-off observed since yesterday.
The yield of the 10-year US treasury bond bond briefly exceeded 5% in October, but fell below 4.2% on Tuesday, because the data showed that job vacancies hit the lowest level since 2021. However, concerns in the market about the Federal Reserve's expectation of easing policy too quickly have surfaced, highlighting the risks faced by traders who expect a market shift. This is a gamble, and if interest rate cuts do occur, it may bring substantial returns. However, if decision-makers choose to keep borrowing costs at a higher level for a longer period of time, this gamble may backfire and have negative effects.
In order to offer more flexible and competitive trading conditions to meet the needs of a wide range of traders, CWG Markets will adjust the minimum activation amount for institutional accounts from the original $50,000 to $30,000, effective from March 18, 2024 (Monday). This adjustment aims to allow more institutional users to enjoy a high-quality trading environment and conditions.
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