The impact of U.S. non-farm payrolls on crude oil trends:

The non-farm payrolls data are better than expected, the U.S. economy improves, the dollar rises, and crude oil falls;

The non-farm payrolls data is worse than expected The dollar fell and crude oil rose as the U.S. economy worsened in anticipation.

Non-agricultural products affect the price of the US dollar, and all financial products related to the price of the US dollar will be greatly affected.

From a macro perspective, the U.S. dollar and crude oil are negatively correlated. In other words, it is good for the U.S. dollar but bad for crude oil. The reason is also very simple, because the pricing power of international crude oil is in the hands of the Americans, and the U.S. dollar is used to provide crude oil. Pricing, so a rise in the US dollar is negative for crude oil.

Non-agricultural data refers to the three values ??of non-agricultural employment, employment rate and unemployment rate. As the name suggests, it is a data indicator that reflects the employment status of the non-agricultural population in the United States.

U.S. non-agricultural data is very important fundamental data. Every time this data is released, it will cause violent fluctuations in the spot, stock market, futures, foreign exchange and other markets. It is also a turning point in a trend. Or it is the breakthrough point of consolidation market.

The non-farm payroll data is released by the U.S. Department of Labor on the first Friday of each month. European and American transactions are subject to daylight saving time (April-October) and are released every Friday at 20:30 Beijing time. Winter time (November to March) is announced at 21:30. The non-agricultural sector has a huge impact on the trend of precious metals, so those investing in precious metals and crude oil need to pay close attention.