The current outlook is Bearish because aggressive US economic strength and higher-than-expected inflation data are boosting the US Dollar. As the Dollar gains yield attractiveness, non-yielding Gold loses its competitive appeal for institutional players.
| Economic Event | Sentiment | Impact Score |
|---|---|---|
Private Nonfarm Payrolls Apr 03, 12:30 |
BEARISH | -17.3 |
Nonfarm Payrolls Apr 03, 12:30 |
BEARISH | -17.3 |
Unemployment Rate Apr 03, 12:30 |
BEARISH | -13.9 |
ADP Nonfarm Employment Change Apr 01, 12:15 |
BEARISH | -10.3 |
Retail Sales (MoM) Apr 01, 12:30 |
BEARISH | -7.3 |
Core Retail Sales (MoM) Apr 01, 12:30 |
BEARISH | -7.3 |
ISM Manufacturing New Orders Index Apr 01, 14:00 |
BULLISH | +7.3 |
ISM Manufacturing PMI Apr 01, 14:00 |
BEARISH | -7.3 |
ISM Manufacturing Employment Apr 01, 14:00 |
BULLISH | +7.3 |
ISM Manufacturing Prices Apr 01, 14:00 |
BEARISH | -7.3 |
Chicago PMI Mar 31, 13:45 |
BULLISH | +6.7 |
Manufacturing Payrolls Apr 03, 12:30 |
BEARISH | -1.7 |
Average Hourly Earnings (MoM) Apr 03, 12:30 |
BULLISH | +1.7 |
Average Weekly Hours Apr 03, 12:30 |
BULLISH | +1.7 |
Average Hourly Earnings (YoY) (YoY) Apr 03, 12:30 |
BULLISH | +1.7 |