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 Jun 05, 12:30 |
BEARISH | -20.0 |
Nonfarm Payrolls Jun 05, 12:30 |
BEARISH | -20.0 |
ADP Nonfarm Employment Change Jun 03, 12:15 |
BEARISH | -12.1 |
ISM Manufacturing New Orders Index Jun 01, 14:00 |
BEARISH | -7.3 |
ISM Manufacturing Employment Jun 01, 14:00 |
BEARISH | -7.3 |
ISM Manufacturing PMI Jun 01, 14:00 |
BEARISH | -7.3 |
ISM Manufacturing Prices Jun 01, 14:00 |
BULLISH | +7.3 |
Chicago PMI May 29, 13:45 |
BEARISH | -5.3 |
Manufacturing Payrolls Jun 05, 12:30 |
BEARISH | -2.0 |
Consumer Credit Jun 05, 19:00 |
BEARISH | -2.0 |
Nonfarm Productivity (QoQ) Jun 04, 12:30 |
BULLISH | +1.9 |
Unit Labor Costs (QoQ) Jun 04, 12:30 |
BULLISH | +1.9 |
Initial Jobless Claims Jun 04, 12:30 |
BEARISH | -1.9 |
Continuing Jobless Claims Jun 04, 12:30 |
BULLISH | +1.9 |
Natural Gas Storage Jun 04, 14:30 |
BULLISH | +1.9 |