格隆汇2月5日｜美国劳工统计局：将1月份非农就业报告的发布日期安排至2月11日发布；1月份CPI报 告发布日期重新安排至2月13日发布。此外，将于2月5日发布12月职位空缺和劳动力流动报告。 ...

市场此前预期该报告将显示就业人数增加5.5万人，失业率持稳于4.4%。 除了非农就业人数，劳工统计局原定于周二发布职位空缺与劳动力流动调查报告。 政府于上周六再次关闭，因国会未能在截止日期前达成一项支出计划。法案中的争议点之一是为国土安 全部提供资金，此前该部门为遏制非法移民所作的努力引发了社会动荡。 路易斯安那州共和党人、众议院议长迈克·约翰逊上周末表示，他预计僵局可能于周二得到解决。 智通财经APP获悉，美国劳工统计局周一确认，由于政府部分停摆，原定于周五发布的1月就业报告将 无法如期公布。 劳工统计局副局长艾米莉·利德尔在一份声明中表示："2026年1月的《就业形势报告》将不会按原计划 于2026年2月6日(周五)发布。该报告将在政府资金恢复后重新安排发布日期。" 继去年持续至11月初的创纪录停摆之后，该局已被迫推迟了多项常规数据发布，并刚刚从那起事件的影 响中恢复。劳工统计局还负责发布消费者价格指数、进出口数据以及其他多项与劳工和消费者相关的数 据。 目前尚不清楚商务部是否会因华盛顿的僵局而面临报告延迟。 此项决定正值经济数据密集发布周，而本周原本将以非农就业报告(亦称失业状况报告)的发布作为高 潮。 ...

美国劳工统计局发言人表示，由于政府部分停摆，该局将不会按计划于周五发布1月非农就业报告。 统计局表示，原定于周二发布的12月职位空缺报告也将推迟发布。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：丁文武 美国劳工统计局发言人表示，由于政府部分停摆，该局将不会按计划于周五发布1月非农就业报告。 统计局表示，原定于周二发布的12月职位空缺报告也将推迟发布。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：丁文武 ...

专题：ATFX外汇专栏投稿 周五——非农就业报告 2月2日，每月的非农是黄金美元市场的大事，超预期的数据能够带来无与伦比的短线交易机会。 本周五21：30，美国劳工统计局将公布1月份非农就业报告，其中新增非农就业人口的预期值为6.4万 人，高于前值5万人，但仍处于近些年的底部区域。失业率前值为4.4%，预期持平。 金融机构的预期值往往基于模型得出，存在误判的可能性。 一月份最具冲击力的事件有两个：其一是特朗普对格陵兰岛的舆论性掠夺，虽然没有付诸行动，但增强 了欧洲国家的自主意识，削弱了美国的贸易潜力；其二是美国移民管理局在抓捕非法移民的行动中，导 致两名美国人死亡，舆论不断发酵，最终导致美国政府技术性停摆。 两件事对美国经济和就业造成不同程度的负面冲击，可能导致非农就业报告的内容偏负面。尤其是移民 管理局ICE的问题，如果不能消除负面舆论，特朗普打击非法移民的政策可能严重受阻。目前，美国国 会已经终止向ICE所属部门拨款，或导致该部门停摆。 如果非农就业报告公布值远低于金融机构预期，可能倒逼美联储更激进的降息，利空美元指数。 周四——欧央行、英央行利率决议 欧央行将于周四21：15公布利率决议结果，英国央行将 ...

Core Viewpoint - The December non-farm payroll report has diminished market expectations for a Federal Reserve rate cut at the end of the month, as the unemployment rate unexpectedly dropped to 4.4% despite only 50,000 new jobs added [1][3]. Employment Data Summary - December saw a mere increase of 50,000 non-farm jobs, falling short of Wall Street's expectation of 65,000. The previous two months' data was revised down by a total of 76,000, with October's job loss revised from a decrease of 105,000 to 173,000 and November's from an increase of 64,000 to 56,000 [5]. - The average monthly job growth in the private sector over the last three months has dropped to 29,000, marking the second-lowest level for the year. The total non-farm employment increase for 2025 was only 584,000, the weakest annual performance since the pandemic caused a reduction of 9.2 million jobs in 2020 [5]. - In terms of industry performance, healthcare added 21,000 jobs, while retail, construction, and manufacturing sectors experienced job losses, with five out of eleven major industries reporting declines [8]. Unemployment Rate Insights - The unemployment rate fell from an initial estimate of 4.6% in November to 4.4% in December, which was below the expected 4.5%. This decrease has alleviated some of the most severe concerns regarding labor market deterioration [9]. - The drop in the unemployment rate was partly due to a decline in the labor force participation rate to 62.4%, indicating that some unemployed individuals have exited the labor market and are no longer counted as actively seeking work [9]. Market Reactions - Following the employment report, U.S. Treasury yields rose, with the two-year yield increasing by 3 basis points to 3.52% and the ten-year yield rising to 4.17%. The market has adjusted expectations for a rate cut, pushing the first anticipated cut to June, with an overall expectation of a 50 basis point reduction for the year [9][10]. - Analysts suggest that the Federal Reserve is likely to maintain its current interest rates in January, focusing more on the unemployment rate rather than the overall employment figures, which may have a slightly negative impact on U.S. interest rates [10].

Group 1 - The core viewpoint of the articles indicates that the U.S. Treasury yields have generally risen, with the 10-year Treasury yield increasing by 3 basis points to 4.18% as investors await the upcoming non-farm payroll report for December 2025, which is expected to show a slight decrease in the unemployment rate from a four-year high of 4.6% to 4.5% [1][2] - The December non-farm payroll report is anticipated to be the first timely report since the government shutdown, with economists predicting an increase of 73,000 jobs, reflecting a more accurate picture of the labor market after previous data distortions due to the shutdown [1] - The Chicago Fed estimates that the unemployment rate may remain at 4.6% for December, which would support market expectations that the Federal Reserve will not lower interest rates in January [1][2] Group 2 - The Federal Reserve announced a 25 basis point rate cut in December 2025, with most participants believing that transitioning to a more neutral policy stance is necessary to prevent severe deterioration in the labor market [2] - Initial jobless claims for the week ending January 3 were reported at 208,000, slightly below market expectations, while continuing claims rose to 1.914 million, indicating a labor market that is neither experiencing mass layoffs nor large-scale hiring [2] - The ADP employment report for December 2025 showed an increase of 41,000 jobs in the private sector, reversing the decline seen in November, although the growth was still below expectations [2]

Market Overview - On January 8, major stock markets in Europe and the U.S. mostly rose, with the Dow Jones Industrial Average increasing by 0.55%, while the Nasdaq index fell by 0.44% and the S&P 500 index rose slightly by 0.01% [3] - The large-cap technology stocks in the U.S. showed mixed performance, with the Wind U.S. Technology Seven Giants Index declining by 0.26% [5] - Energy stocks experienced a significant rise, with ConocoPhillips and Occidental Petroleum both increasing by over 5% [9] Chinese Stocks - The Nasdaq China Golden Dragon Index rose by 1.09%, with notable gains in Chinese stocks such as Century Internet, which increased by over 10%, and GDS Holdings, which rose by over 8% [7][8] Commodity Market - The precious metals market saw significant volatility, with London spot silver and COMEX silver futures both dropping over 5% at one point before narrowing their losses to over 1% by the end of the trading day [14] - Crude oil futures prices rose significantly, with both WTI and Brent crude oil futures increasing by over 4% [14] Employment Data - The U.S. Department of Labor reported that the number of initial jobless claims for the week ending January 3 was 208,000, slightly below the expected 210,000 [12] - Continuing claims for unemployment benefits were reported at 1.914 million, slightly above the expected 1.90 million [12]

Market Overview - On January 8, major stock markets in Europe and the US saw mixed results, with the Dow Jones Industrial Average rising by 0.55% while the Nasdaq index fell by 0.44% and the S&P 500 index remained nearly unchanged with a 0.01% increase [2] - The US technology sector showed varied performance, with the Tech Giants Index declining by 0.26%. Notable individual stock movements included Amazon, Alphabet, and Tesla rising over 1%, while Nvidia fell more than 2% [3] Chinese Stocks - The Nasdaq Golden Dragon China Index increased by 1.09%, with significant gains in individual Chinese stocks such as Century Internet rising over 10%, and WanGuo Data and Youdao increasing by over 8% and 7% respectively [3] Energy Sector - Energy stocks experienced a broad increase, with ConocoPhillips and Occidental Petroleum both rising over 5%, and ExxonMobil increasing by over 3% [3] Commodity Market - The precious metals market experienced significant volatility, with silver prices dropping over 5% at one point before narrowing to a decline of over 1%. Gold prices, however, saw slight increases, with London spot gold rising by 0.48% to $4477.555 per ounce [6] - Crude oil futures prices rose significantly, with both WTI and Brent crude oil futures increasing by over 4% [6][7] Employment Data - The US Department of Labor reported that the number of initial jobless claims for the week ending January 3 was 208,000, slightly below the expected 210,000. Continuing claims were reported at 1.914 million, above the expected 1.90 million [5]

Market Overview - The US stock market showed mixed results on January 8, with the Dow Jones Industrial Average rising by 0.55%, while the Nasdaq index fell by 0.44% and the S&P 500 index remained nearly unchanged with a 0.01% increase [2]. - Major technology stocks experienced varied performance, with the US Technology Seven Index declining by 0.26%. Notable individual stock movements included Amazon, Alphabet, and Tesla rising over 1%, while Nvidia fell more than 2% [3]. Chinese Stocks - Chinese stocks listed in the US saw a general increase, with the Nasdaq China Golden Dragon Index rising by 1.09%. Key performers included Century Internet, which surged over 10%, and WanGuo Data, which rose over 8% [3]. Energy Sector - The energy sector experienced a significant uptick, with ConocoPhillips and Occidental Petroleum both rising over 5%. ExxonMobil increased by more than 3%, and Chevron rose over 2% [3]. Commodity Market - The precious metals market exhibited substantial volatility, with both London spot silver and COMEX silver futures dropping over 5% at one point before narrowing their losses. As of the close, London spot gold rose by 0.48% to $4,477.555 per ounce, while COMEX gold futures increased by 0.57% to $4,487.9 per ounce [7]. - The price of crude oil futures saw significant increases, with both WTI and Brent crude oil prices rising over 4% [8]. Employment Data - The US Department of Labor reported that the number of initial jobless claims for the week ending January 3 was 208,000, slightly below the expected 210,000. The number of continuing claims was reported at 1.914 million, above the expected 1.90 million [5]. Interest Rates - US Treasury Secretary indicated that most models suggest the Federal Reserve's interest rate range may fall between 2.5% and 3.25%. Current rates remain significantly above neutral levels, and a reduction of approximately 150 basis points is anticipated by 2026 [6].

Group 1 - Global stock markets showed signs of a pause in their upward trend on January 7, 2026, after a previous surge driven by AI hype and expectations of interest rate cuts by the Federal Reserve [1] - Asian stock markets entered a technically overbought zone, leading to profit-taking and declines, with Japan's Nikkei 225 index falling over 1% [1] - U.S. stock index futures displayed mixed performance, with the Nasdaq 100 futures down more than 0.2%, indicating a cautious market sentiment [1] Group 2 - The commodities market experienced significant volatility, particularly in precious metals, with spot gold prices dropping below $4,450 per ounce and silver prices declining by over 3% in a single day [1] - The declines in precious metals were partly attributed to a key funding event, as the Bloomberg Commodity Index (BCOM) was set for annual weight rebalancing from January 8 to 14, leading to expected large-scale mechanical selling [1] - The anticipated sell-off could involve silver futures facing sell orders equivalent to 9% of total open interest, while gold futures could see sell orders around 3% of total open interest, exerting direct pressure on short-term market sentiment and prices [1] Group 3 - The oil market faced downward pressure following U.S. President Trump's announcement that the Venezuelan interim government would transfer 30 to 50 million barrels of oil to the U.S., raising concerns about a potential increase in global oil supply [2] - Federal Reserve officials provided policy clues, with Governor Milan stating that core inflation levels have returned close to the Fed's 2% target, suggesting further rate cuts may exceed 100 basis points this year [2] - The focus of investors is on the upcoming U.S. non-farm payroll report for December 2025, as the Fed's policy direction is increasingly influenced by concerns over a weak labor market [2]