CoinWorld News reports, ME News reports, on January 9 (UTC+8), as traders await the release of key US economic data later on Friday to seek more clues about this year's interest rate path, gold prices rose, and are expected to record a 3.4% increase this week. Soojin Kim of Mitsubishi UFJ Bank stated, “The market's current focus is on the December non-farm payroll report to be released on Friday. The report is expected to show steady hiring but a stable unemployment rate — this complex situation could reduce the Federal Reserve's urgency to restart rate cuts.” Additionally, traders are closely watching the upcoming Federal Reserve chair nomination, with Treasury Secretary Bessant indicating that President Trump is expected to nominate Powell's successor later this month.
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CoinWorld News reports, ME News reports, on January 9 (UTC+8), as traders await the release of key US economic data later on Friday to seek more clues about this year's interest rate path, gold prices rose, and are expected to record a 3.4% increase this week. Soojin Kim of Mitsubishi UFJ Bank stated, “The market's current focus is on the December non-farm payroll report to be released on Friday. The report is expected to show steady hiring but a stable unemployment rate — this complex situation could reduce the Federal Reserve's urgency to restart rate cuts.” Additionally, traders are closely watching the upcoming Federal Reserve chair nomination, with Treasury Secretary Bessant indicating that President Trump is expected to nominate Powell's successor later this month.