【UNforex财经事件】非农数据“温和放缓” 黄金在政策预期支撑下强势上攻

Group 1 - The latest US non-farm payroll report did not alter market expectations regarding monetary policy, with a continued trend of slowing job growth but an unexpected drop in the unemployment rate [1][2] - December saw the addition of 50,000 non-farm jobs, below the market expectation of 60,000 and slightly lower than the revised previous value of 56,000, indicating a cooling in hiring momentum [1] - The unemployment rate fell from 4.6% to 4.4%, better than market expectations, which somewhat alleviated concerns about a rapid weakening of the labor market [1][2] Group 2 - The average hourly wage growth met expectations and did not indicate new inflationary pressures, suggesting an orderly cooling rather than structural imbalance in the labor market [1] - Despite some economic indicators showing resilience, the non-farm data did not shake the market's core pricing of the policy direction for the year, with the rate market still betting on about 50 basis points of cumulative rate cuts by the Federal Reserve by 2026 [2] - Richmond Fed President Barkin noted that the labor market remains stable overall, with job growth concentrated in healthcare and AI-related fields, and emphasized that the inflation decline process will take time [2] Group 3 - Geopolitical factors are providing marginal support for gold, with recent comments from Trump regarding Greenland raising international concerns and increasing the demand for safe-haven assets [3] - The combination of stable policy pricing and ongoing geopolitical risks has allowed gold to maintain its strength and continue to pressure historical high price levels [3] - Market focus will shift to upcoming US inflation, retail sales data, and statements from Federal Reserve officials, which will be crucial for determining whether gold can further open up space within high price ranges [3]