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Crude Oil, Gold May Rise if US Jobs Data Outperforms

Crude oil and gold may rise on improving risk appetite and swelling anti-fiat demand if February's US employment report tops expectations.

Talking Points

  • Crude Oil and Copper May Rise with Risk Appetite on US Jobs Data Surprise
  • Gold, Silver May Advance on Increase in US Growth and Inflation Expectations

All eyes are on February's US Employment report through the end of the trading week. Consensus forecasts suggest the economy added 165,000 jobs in February, a print broadly in line with the 12-month trend average of 168,000 that ought not to offer much fuel for volatility around financial markets. US economic data has markedly improved relative to expectations since early February however, leaving the door open for an upside surprise.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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