United States Non-Farm Payroll posts 4.8 Million jobs in June, beating market’s expectation of a 3 million gain. The gains reported by the Labor Department on Thursday because of the July 4 holiday. Time to announce the winners of #GuessNFP# contest, let’s congratulate the best guesser of June 2020, that is @faridanurjanah1005 with the guess of 5000K. The runners-up are @akur999 3500K, and @Edward88 3000K. I saw a lot of you put 3000K as your guess; however, @Edward88 has the earliest submission. Submit your guess earlier next time, shall we?
Click here to check the original article for the event.
The winners mentioned above shall receive the FCOIN reward within 5 workdays, and our redemption center will have more useful gifts to exchange by then.
@faridanurjanah1005 30 FCOIN; @akur999 @Edward88 15 FCOIN
After the data was released, the spot gold fell slightly in the short-term $1.39, and then turned upward, which was nearly $7 higher than the low point. Silver hasn't changed much, and the US dollar index hasn't changed much.
What you need to consider is that the NFP data for June may have misleading information because the data was collected in the week of June 12, when the epidemic in the southern states of the United States had not yet experienced a massive rebound. Two weeks later, there were more than 250,000 Americans were diagnosed with COVID-19. In three days last weekend, there were more than 40,000 confirmed cases, but these facts were not reflected in the NFP data of June.
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