U.S. Nonfarm Payrolls Unexpectedly Cooled Sharply, With The Unemployment Rate Falling To 4.1%

Spot Gold Surged 3.00% On The Day, Currently Trading At $4367.90 Per Ounce. Spot Silver Is Currently Up 5.5%

U.S. Employment Unexpectedly Shrank In July, Presenting A Policy Dilemma For The Federal Reserve

[Following Non-Farm Payroll Data Release, Expectations For A December Rate Hike Decline Significantly] On August 7th, Pricing In The US Interest Rate Futures Market Indicated That The Expected Rate Hike In December Would Be Only 28 Basis Points, Lower Than The 32 Basis Points Anticipated Before The Release Of The Non-farm Payroll Data. Furthermore, Weak July Non-farm Payroll Data Caused A Surge In US Treasury Prices

The USD/JPY Pair Fell Below 157, Dropping More Than 1.00% On The Day

Weak Nonfarm Payroll Data In July Caused US Treasury Prices To Surge

U.S. Interest-rate Futures Pricing Indicates That The Expected Rate Hike By December Is Just 28 Basis Points, Down From 32 Basis Points Prior To The Release Of The Nonfarm Payrolls Data

Following The Release Of The Non-farm Payroll Data, Non-US Currencies Generally Rose. The US Dollar Fell 80 Points Against The Japanese Yen (USD/JPY) To 157.72; The Euro Rose 20 Points Against The US Dollar (EUR/USD) To 1.1544; And The British Pound Rose About 20 Points Against The US Dollar (GBP/USD) To 1.3463

New York Gold Futures Rose Above $4,400 Per Ounce, Up 2.36% On The Day

The Combined Revision For U.S. Nonfarm Payrolls In May And June Amounts To A Reduction Of 103,000 Jobs

Following The Release Of The Non-farm Payroll Data, The US Dollar Index (DXY) Fell Nearly 30 Points To 99.67