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07.02.2014 16:21

Gold rоse on employment data

Gold prices rose after the release less positive than expected U.S. data on employment.

In January, the U.S. labor market for the second month in a row was recorded weak job growth . It can strengthen concerns about the economic recovery and may cause some investors to urge the U.S. Federal Reserve to rethink his strategy .

As reported on Friday, the U.S. Labor Department , the number of jobs outside agriculture in January rose by 113,000 adjusted for seasonal variations. Accelerated growth rate compared to December , but was below the average growth rate in the past year . December job growth was revised upward for 1000 to 75 000, and the November growth - also upwards of 33 000 to 274 000 .

Job growth in January was weak compared with the average growth in the period between August and November , when the index grows by more than 200,000 .

The U.S. Labor Department also reported that the unemployment rate in January fell to 6.6 % from 6.7 % in December. The number of employed Americans and labor also increased slightly .

Chinese buyers returned to the market on Friday after a week's absence, and the >

07.02.2014 16:40

Oil rose

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
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