Battle of Non-Farm Payrolls

Tonight at 8:30 PM, the U.S. Department of Labor will release the June non-farm employment data. Economists expect an increase of 110,000 jobs, slightly down from last month's 139,000. The unemployment rate may rise slightly from 4.2% to 4.3%, while wage growth is expected to remain largely unchanged.

Tonight's non-farm data is crucial and may affect the timing of the Federal Reserve's interest rate cuts, impacting both the stock market and gold prices. The market is closely watching the trends in the unemployment rate and the number of jobs.