What is the relationship between American non-agricultural and domestic futures markets?
What is the relationship between American non-agricultural and domestic futures markets? The US Department of Labor publishes the non-farm employment rate in the United States once a month. This data can reflect the economic trend of the United States. When the data is good, the economy is good, and when the data is poor, the economy is poor. If this data is good, it is good for the dollar, bad for gold and silver, and vice versa. International gold and silver prices are denominated in dollars. When the dollar rises, the value of gold and silver will fall. When the dollar falls, the value of gold and silver will rise. Domestic gold, silver and precious metals futures have a linkage effect with the external market. Therefore, if the external market fluctuates in USD, or the disk of gold, silver and precious metals fluctuates greatly, the internal market often jumps sharply overnight or the intraday market will follow similar fluctuations.