Australia’s Unemployment Rate Drops
The Australian Bureau of Statistics announced that the local unemployment rate continued to fall to 5.6% in March, a drop of 0.2 percentage points from the previous value and also better than market expectations of 5.7%. During the period, the employed population increased by 70,700, which was significantly higher than the market’s expectation of 35,000. However, the total number of newly-added jobs was part-time employment increased by 91,500, while full-time employment decreased by 20,800. The Australian labor market continues to improve, and companies are willing to recruit a lot, so the local labor market gradually returns to its pre-pandemic level.
The Price of Gold Rebounds Strongly
Gold is waiting to return to its recovery momentum last week, and it is currently hovering near $1,763. US retail sales data added to weak unemployment claims, portraying an optimistic outlook for the US economy, while US Treasury yields unexpectedly pulled back below 1.6. The United States has issued new sanctions to Russia, and the talks between Washington and Hetland have also disturbed the market, but it is clear that it is difficult to prevent investors from supporting strong optimistic fundamentals, and geopolitical headlines and cautious sentiment have been greatly weakened. As of Hong Kong time, the price of gold fell slightly by 0.01% to US$1,763.50. The US 10-year Treasury bond yield rose 2.42% to 1.567, and it is still unable to return to the 1.6 stabilization stage.
場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.
