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Market News The U.S. labor market showed signs of stability in October, and gold once again reached $3,990!
Markets News
The U.S. labor market showed signs of stability in October, and gold once again reached $3,990!
Author Avatar TOPONE Markets Analyst
2025-11-06 08:42:00

Hot spot tracking

  • US October ADP employment increased by 42,000, the largest gain since July 2025, higher than the market expectation of 28,000. This news is positive for the US dollar and US stocks.
  • The US October ISM Non-Manufacturing PMI recorded 52.4, the highest since February 2025. This news is positive for the US dollar and US stocks.
  • The number of newborns in Japan (excluding foreign residents in Japan) in the first half of the year was 319,000, a year-on-year decrease of 3.3%, hitting a record low since statistics began. This news is negative for the Japanese yen.

Product Hot Comment

  • Forex Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.06% 1.14988 1.14923
    GBP/USD 0.05% 1.30549 1.30479
    AUD/USD -0.05% 0.65009 0.65042
    USD/JPY -0.15% 153.843 154.073
    GBP/CAD 0.07% 1.84103 1.83977
    NZD/CAD 0.06% 0.79889 0.7984
    📝 Review:On Wednesday, as economic data alleviated concerns about the U.S. economy and labor market, prompting investors to weigh the possibility of another Fed rate cut this year, the U.S. dollar index fluctuated above the 100 mark, ultimately closing down 0.06% at 100.12. The benchmark 10-year U.S. Treasury yield ended at 4.160%, while the policy-sensitive 2-year U.S. Treasury yield closed at 3.638%.
    🕵️ Operation suggestion:

    USD/JPY 154.091  Buy  Target Price  155.076

  • Gold Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold -0.38% 3966.75 3981.91
    Silver -0.43% 47.82 48.025
    📝 Review:Despite stronger-than-expected U.S. private employment data, investors sought safe-haven assets, with spot gold rising over 1% during the day and briefly surpassing the $3,990 mark. However, it failed to hold above this level, ultimately closing up 1.19% at $3,979.05 per ounce. Spot silver ended up 1.81% at $48.00 per ounce.
    🕵️ Operation suggestion:

    Gold 3970.94  Sell  Target Price  3911.58

  • Crude Oil Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.09% 59.429 59.485
    Brent Crude Oil -1.37% 63.332 64.211
    📝 Review:Due to market concerns about oversupply, crude oil continued to decline. WTI crude oil fluctuated downward during the day and accelerated its decline during the U.S. trading session, ultimately closing down 1.28% at $59.48 per barrel; Brent crude oil finally closed down 1.27% at $63.32 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 59.476  Sell  Target Price  58.423

  • Indice Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 -0.32% 25527.75 25610.35
    Dow Jones -0.16% 47251.7 47329.2
    S&P 500 -0.23% 6782.85 6798.55
    US Dollar Index 0.00% 99.96 99.96
    📝 Review:The Dow Jones Industrial Average closed up 0.48%, the S&P 500 rose 0.37%, and the Nasdaq gained 0.65%. Micron Technology (MU.O) surged nearly 9%, Tesla (TSLA.O) rose nearly 4%, Nvidia (NVDA.O) fell nearly 2%, Super Micro Computer (SMCI.O) plunged 11%, and Rivian (RIVN.O) soared 23%. The Nasdaq Golden Dragon China Index closed up 0.15%, while XPeng (XPEV.N) fell nearly 4%.
    🕵️ Operation suggestion:

    Nasdaq 100 25622.450  Sell  Target Price  25150.557

Calendar

  • Hot Icon
    21:15 (GMT+8): US October Challenger Job Cuts
  • Hot Icon
    23:00 (GMT+8): U.S. October Global Supply Chain Pressure Index
  • Hot Icon
    23:30 (GMT+8): U.S. EIA Natural Gas Storage (billion cubic feet) for the week ending October 31
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