Tonight at 21:30, three major U.S. data releases are coming! Gold and the U.S. dollar are about to move! 🔥
At 21:30 tonight, the U.S. will release three key data points that will directly affect the Federal Reserve's interest rate cut expectations. Gold, the U.S. dollar, and crude oil may experience significant volatility:
1️⃣ December Retail Sales Month-on-Month
Previous value: 0.60%, Expected: 0.4%
👉 Strong data → U.S. dollar rises, gold is under pressure; Weak data → Interest rate cut expectations increase, bullish for gold
2️⃣ Q4 Labor Cost Index Quarter-on-Quarter
Previous value: 0.80%, Expected: 0.80%
👉 Exceeding expectations → Concerns about persistent inflation, delaying interest rate cuts; Below expectations → Positive for risk assets
3️⃣ December Import Price Index Month-on-Month
Expected: 0.1%
👉 Above expectations → Inflation pressure; Below expectations → Cooling inflation
💡 Trading Tips:
- Gold/Silver: If data is weaker than expected, consider buying on dips; if stronger than expected, be cautious of corrections.
- Crude Oil: Strong retail data boosts demand expectations, conversely weakens them.
- U.S. Dollar: Exceeding expectations provides support, conversely leads to corrections.
⚠️ Volatility increases after data release; strictly control positions and manage risk!