The Non-farm Payroll figures last Friday showed a surprising improvement in the labor market of the US. Risk appetite was further boosted by the hopes of global economy recovery, dragging down the safe-haven demand.<\/p>\n
In European session on Monday, non US currencies like Euro, Aussie and Kiwi all slightly rose as the market sentiment has improved. Although there is still concern over US-China tension, RMB is still trading higher due to the weakening dollar.<\/p>\n
However, the dollar is trading higher against the yen, that mainly supported by the gain of the long-term Treasury yields. The US 10-Year Treasury yield is ranging at around 0.9% on Monday, which hit the gold price as well.<\/p>\n
Investors are now looking forward to the FOMC meeting on Wednesday. It is reported that the Fed may manage the \u201cYield Curve\u201d by its unlimited QE policy.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The Non-farm Payroll figures last Friday showed a surprising improvement in the labor market of the US. Risk appetite was further boosted by the hopes of global economy recovery, dragging down the safe-haven demand.<\/p>\n","protected":false},"author":100,"featured_media":27191,"template":"","market_outlook_categories":[],"market_outlook_tags":[],"class_list":["post-27197","market_outlook","type-market_outlook","status-publish","has-post-thumbnail","hentry"],"acf":[],"current_lang":"en-mena","_links":{"self":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_outlook\/27197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_outlook"}],"about":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/types\/market_outlook"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/users\/100"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_outlook\/27197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media\/27191"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media?parent=27197"}],"wp:term":[{"taxonomy":"market_outlook_categories","embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_outlook_categories?post=27197"},{"taxonomy":"market_outlook_tags","embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_outlook_tags?post=27197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}